Comparison of probability measures: Dominance of the third degree

نویسنده

  • Lars Thorlund-Petersen
چکیده

This note provides necessary and su cient conditions for third-degree stochastic dominance between the probability measures on a nite grid of n points. Verifying these conditions involve n linear and n quadratic inequalities; the arithmetic operation of division is not required. The results are compared with those of Fishburn and Lavalle, Math. Operat. Res. 20 (1995) 513–525 and Milne and Neave, Management Sci. 40 (1994) 1343–1352. Finally, the solution to an open problem in Fishburn and Lavalle, Math. Operat. Res. 20 (1995) 513–525 is presented. c © 2000 Elsevier Science B.V. All rights reserved.

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عنوان ژورنال:
  • Oper. Res. Lett.

دوره 26  شماره 

صفحات  -

تاریخ انتشار 2000