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A Look at the Primary Order Preserving Properties of Stochastic Orders: Theorems, Counterexamples and Applications in Cognitive Psychology

Mohsen Soltanifar ()
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Mohsen Soltanifar: Biostatistics Division, Dalla Lana School of Public Health, University of Toronto, 620-155 College Street, Toronto, ON M5T 3M7, Canada

Mathematics, 2022, vol. 10, issue 22, 1-13

Abstract: In this paper, we prove that for a set of ten univariate stochastic orders including the usual order, a univariate stochastic order preserves either both, one or none of additivity and multiplication properties over the vector space of real-valued random variables. Then, classifying participant’s quickness in a mental chronometry trial to “weakly faster” and “strongly faster”, we use the above results for the usual stochastic order to establish necessary and sufficient conditions for a participant to be strongly faster than the other in terms of the fitted Wald, Exponentially modified Wald(ExW), and Exponentially modified Gaussian(ExG) distributional parameters. This research field remains uncultivated for other univariate stochastic orders and in several directions.

Keywords: distributions; Ex-Gaussian; Ex-Wald; inequalities; reaction times; stochastic orders; Wald (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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