Econ 805 Advanced Micro Theory 1 Dan Quint Fall 2008 Lecture 3 – Sept 9 2008 First, to finish the thought from last week: We wanted to show equivalence of two statements about second-order stochastic dominance: ò - ¥ ¥ u(s) dF(s) ³ ò - ¥ ¥ u(s) dG(s) for every incr, concave u

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