STOCHASTIC DOMINANCE

Russell Davidson

Departmental Working Papers from McGill University, Department of Economics

Abstract: The concept of stochastic dominance is defined, and its relation to welfare, poverty, and income inequality explained. A brief discussion is provided of how statistical inference may be performed for hypotheses relating to stochastic dominance.

JEL-codes: I30 I32 (search for similar items in EconPapers)
Date: 2006-09
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Persistent link: http://EconPapers.repec.org/RePEc:mcl:mclwop:2006-19

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