Testing for Stochastic Dominance

American Journal of Agricultural Economics - Tập 70 Số 3 - Trang 693-700 - 1988
H. Dennis Tolley1, Rulon D. Pope1
1Brigham Young University

Tóm tắt

AbstractA test for second‐degree stochastic dominance is proposed. The test is a permutation test using only the sample data. It is exemplified using data from Kramer and Pope. The test conclusions differ substantially from standard practice in which no statistical test is conducted.

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