Portfolio analysis of stocks, bonds, and
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Daniel Fischmar; Carl Peters
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Article
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1991
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John Wiley and Sons
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English
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Second degree stochastic dominance has been proposed also as a criterion (Levy and Sarnet, 1972). It is defined by Z,F,(r) = Z,Fo(r) far all r , with the strict inequality holding for at least one value of return, r. This report uses first degree dominance since first degree dominance implies second