Almost stochastic dominance for risk averters and risk seeker

Xu Guo, Wing Keung Wong, Lixing Zhu

Research output: Contribution to journalArticlepeer-review

15 Scopus citations


In this paper we first extend the theory of almost stochastic dominance (ASD) (for risk averters) to include the ASD for risk-seeking investors. We then study the relationship between ASD for risk seekers and ASD for risk averters. Recently, Tsetlin, et al.(2015) develop the theory of generalized ASD (GASD). We then briefly discuss the advantages and disadvantages of ASD and GASD.

Original languageEnglish (US)
Pages (from-to)15-21
Number of pages7
JournalFinance Research Letters
StatePublished - Nov 1 2016

All Science Journal Classification (ASJC) codes

  • Finance


Dive into the research topics of 'Almost stochastic dominance for risk averters and risk seeker'. Together they form a unique fingerprint.

Cite this