Groupe d’études et de recherche en analyse des décisions


Stochastic Dominances in P-LDEU model: Power and Exponential Cases

In this paper a study of Second and Third Degree Stochastic Dominances for the family of concave and convex utility functions is proposed. This is a modification of the LDEU model which will be designated as the P-LDEU model. We prove that Second and Third Stochastic Dominances can be applied respecting this modified concept.

, 18 pages