SHADOW PRICE IMPLICATIONS OF SECOND DEGREE STOCHASTIC DOMINANCE EFFICIENCY

Francis P. McCamley and Richard K. Rudel

No 36370, 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia from Western Agricultural Economics Association

Abstract: Second degree stochastic dominance (SSD) can be, but seldom is explicitly, applied to problems having continuous variables. A model is presented which, for any SSD efficient solution, facilitates exploration of the set of SSD consistent shadow prices. The model is tested by applying it to a problem described by Hazell.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 15
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/36370/files/sp00mc01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:waeava:36370

DOI: 10.22004/ag.econ.36370

Access Statistics for this paper

More papers in 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().