Browse
S-Space
College of Social Sciences (사회과학대학)
Institute of Economics Research (경제연구소)
Seoul Journal of Economics (SJE)
Seoul Journal of Economics vol.16(1) (Spring 2003)
Comparative Statics on the Left-Side Relatively Weak First-Degree Stochastic Dominance Order and Its Applications
- Authors
- Issue Date
- 2003-01
- Citation
- Seoul Journal of Economics, Vol.16 No.1, pp. 59-70
- Keywords
- monotone likelihood ratio order ; left-side ; L-MLR ; FSD
- Abstract
- This paper proposes a new concept of the left-side relatively weak first-degree stochastic dominance (L-RWFSD) order that extends the monotone likelihood ratio (MLR) order and the left-side monotone likelihood ratio (L-MLR) order. We show that this shift is a larger subset of FSD shifts than the MLR shift and the L-MLR shift that derive the same comparative statics results.
- ISSN
- 1225-0279
- Language
- English
- Files in This Item:
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.