Marginal conditional stochastic dominance
id:
marginal-conditional-stochastic-dominance-323-6875495
title:
Marginal conditional stochastic dominance
text:
In finance, marginal conditional stochastic dominance is a condition under which a portfolio can be improved in the eyes of all risk-averse investors by incrementally moving funds out of one asset and into another. Each risk-averse investor is assumed to maximize the expected value of an increasing, concave von Neumann-Morgenstern utility function. All such investors prefer portfolio B over portfolio A if the portfolio return of B is second-order stochastically dominant over that of A; roughly s
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wiki
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encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Marginal_conditional_stochastic_dominance
date created:
date modified:
2024-02-12T00:14:23Z
main entity:
{"identifier":"Q6760413","url":"https://www.wikidata.org/entity/Q6760413"}
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13
integrity:
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