Department of Economics
Fishburn's convex stochastic dominance theorem is extended to cover arbitrary distributions. Third-order stochastic dominance, and situations for risk takers (averters) are discussed. A result on convex combinations of several continuous distributions is also generalized.
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Ascending stochastic dominance, Descending stochastic dominance, Convex stochastic dominance, Risk takers, Risk averters
Wong, Wing Keung, and Chi Kwong Li. "A note on convex stochastic dominance." Economics Letters 62.3 (1999): 293-300.