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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)
Pages: 10 pages
Date: 2006-09
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