'Stochastic dominance' presentation slideshows

Applications of Simulation Travel Costs

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Overview of Quantitative Finance and Risk Management: Past, Present, and Future Frontier

Overview of Quantitative Finance and Risk Management: Past, Present, and Future Frontier. By Dr. Cheng-Few Lee Distinguished Professor, Rutgers University, USA Editor, Review of Quantitative Finance and Accounting Editor, Review of Pacific Basin Financial Markets and Policies. Outline.

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Designing Games with a Purpose

Designing Games with a Purpose. By Luis von Ahn and Laura Dabbish. Introducing games with a purpose. Many tasks are trivial for humans, but very challenging for computer programs People spend a lot of time playing games Idea: Computation + Game Play

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Is there Some Format in Which CPT Violations are Attenuated?

Is there Some Format in Which CPT Violations are Attenuated?. Michael H. Birnbaum Decision Research Center California State University, Fullerton. Stochastic Dominance. If A stochastically dominates B, the probability of choosing B over A should not be signicantly greater than 1/2.

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Other Portfolio Selection Models

Other Portfolio Selection Models. Adapted by Team 2. Introduction. Up to this point we have used the traditional mean-variance approach to portfolio management; Investors are utility maximizers Investors are risk averse

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Timo Kuosmanen Wageningen University, The Netherlands

DEA and Stochastic Dominance Efficiency Analysis of Investment Portfolios: Do Evironmentally Responsible Mutual Funds Diversify Efficiently?. Timo Kuosmanen Wageningen University, The Netherlands. 8EWEPA Oviedo 24-26 September 2003. DEA and Mutual Fund Performance.

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Lecture 1: Risk and Risk Measurement

Lecture 1: Risk and Risk Measurement. We cover the following topics in this part Risk Risk Aversion Absolute risk aversion Relative risk aversion Risk premium Certainty equivalent Increase in risk Aversion to downside risk First-degree stochastic dominance. Risk.

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Michael H. Birnbaum California State University, Fullerton

Who are these People Who Violate Stochastic Dominance, Anyway? What, if anything, are they thinking?. Michael H. Birnbaum California State University, Fullerton. Violations of Stochastic Dominance.

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STOCHASTIC DOMINANCE APPROACH TO PORTFOLIO OPTIMIZATION

STOCHASTIC DOMINANCE APPROACH TO PORTFOLIO OPTIMIZATION. Nesrin Alptekin Anadolu University, TURKEY. OUTLINE. Mean-Variance Analysis Criticisms of Mean-Variance Analysis Stochastic Dominance Rule First Order Stochastic Dominance Rule Second Order Stochastic Dominance Rule

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Chapter 2

Chapter 2. Prospect Theory and Expected Utility Theory. A.Von-Neumann-Morgenstern Expected Utility Theory. Von-Neumann-Morgenstern Axioms :Certain, identifiable Outcomes C: Choice facing the individual.

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Using Stochastic Dominance criteria in Data Envelopment Analysis of mutual funds

Using Stochastic Dominance criteria in Data Envelopment Analysis of mutual funds. Timo Kuosmanen Wageningen University, The Netherlands. EURO / INFORMS joint meeting, Istanbul 6-10 July 2003. DEA and Mutual Fund Performance. Murthi, Choi, Desai (1997), EJOR. transaction costs.

359 views • 24 slides

Environment and Natural Resource Economics Course

Environment and Natural Resource Economics Course. Nanjing Agriculture University September 4 to September 30, 2006 Lecturers: Volker Beckmann, Humboldt University Max Spoor, ISS, The Hague Justus Wesseler, Wageningen University. Lecture 3. Environmental Cost - Benefit - Analysis

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Stochastic Dominance

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Lecture 4

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ELITISM AND STOCHASTIC DOMINANCE

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Civil Systems Planning Benefit/Cost Analysis

Civil Systems Planning Benefit/Cost Analysis. Scott Matthews Courses: 12-706 / 19-702/ 73-359 Lecture 16. Admin. Project 1 - avg 85 (high 100) Mid sem grades today - how done?. Recall: Choosing a Car Example. Car Fuel Eff (mpg) Comfort

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Robust Portfolio Modeling for Scenario-Based Project Appraisal

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Dominance Relationships

Dominance Relationships. The empirical examination of partial orderings via various forms of dominance relationships. Stochastic Dominance: The Game. First developed in the finance literature as criteria for portfolio choice, transplanted to welfare by Atkinson, Kolm, Foster and Shorrocks

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Robust Bayesian Classifier

Robust Bayesian Classifier. Presented by Chandrasekhar Jakkampudi. Classification. Classification consists of assigning a class label to a set of unclassified cases. 1. Supervised Classification The set of possible classes is known in advance. 2. Unsupervised Classification

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Value versus Growth: Stochastic Dominance Criteria

Value versus Growth: Stochastic Dominance Criteria By Abhay Abhyankar, Keng-Yu Ho, and Huainan Zhao. Comments by Shaojun Zhang Nanyang Technological University. Stochastic dominance (I). Consider two cumulative distribution functions: G and F

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