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Stochastic Dominance and Applications to Finance, Risk and Economics

Stochastic Dominance and Applications to Finance, Risk and Economics

Paperback

EconomicsInvesting & FinanceProbability & Statistics

ISBN10: 1138117994
ISBN13: 9781138117990
Publisher: CRC Press
Published: Jun 28 2017
Pages: 456
Weight: 1.40
Height: 0.92 Width: 6.14 Depth: 9.21
Language: English

This accessible guide helps readers build a useful repertoire of mathematical tools in decision making under uncertainty, especially in investment science. It uses real data and statistical procedures to show how SD theory is applied in financial situations, introduces utility theory for decision making under risk and discusses research issues.

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