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Comparative Riskiness Of Random Vector Outcomes

Author

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  • Sudhir A. Shah

    (Department of Economics, Delhi School of Economics, Delhi, India)

Abstract

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Suggested Citation

  • Sudhir A. Shah, 2010. "Comparative Riskiness Of Random Vector Outcomes," Working papers 191, Centre for Development Economics, Delhi School of Economics.
    • Handle: RePEc:cde:cdewps:191
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    References listed on IDEAS

    as
    1. G. Hanoch & H. Levy, 1969. "The Efficiency Analysis of Choices Involving Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(3), pages 335-346.
    2. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    3. Diamond, Peter A. & Stiglitz, Joseph E., 1974. "Increases in risk and in risk aversion," Journal of Economic Theory, Elsevier, vol. 8(3), pages 337-360, July.
    4. Olson, Lars J., 1990. "Multivariate decision-making under risk aversion," Journal of Economic Theory, Elsevier, vol. 50(1), pages 193-203, February.
    5. A. B. Atkinson & F. Bourguignon, 1982. "The Comparison of Multi-Dimensioned Distributions of Economic Status," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 49(2), pages 183-201.
    6. Rothschild, Michael & Stiglitz, Joseph E., 1971. "Increasing risk II: Its economic consequences," Journal of Economic Theory, Elsevier, vol. 3(1), pages 66-84, March.
    7. Hadar, Josef & Russell, William R, 1969. "Rules for Ordering Uncertain Prospects," American Economic Review, American Economic Association, vol. 59(1), pages 25-34, March.
    8. William R. Russell & Tae Kun Seo, 1978. "Ordering Uncertain Prospects: The Multivariate Utility Functions Case," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 605-610.
    9. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    vector outcome; comparative riskiness; generalized stochastic dominance;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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