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Third-degree stochastic dominance and axioms for a convex marginal utility function
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Third-degree stochastic dominance and axioms for a convex marginal utility function (2001)Third-degree stochastic dominance and axi…Third-Degree Stochastic Dominance (2016)Third-Degree Stochastic Domin…Increasing Downside Risk (2016)Increasing Downside RiskTransfer Sensitive Inequality Measures (1987)Transfer Sensitive Inequality…Optimal Auctions with Risk Averse Buyers (1984)Optimal Auctions with Risk Av…Some Stronger Measures of Risk Aversion in the Small and the Large with Applications (1981)Some Stronger Measures of Ris…Stochastic dominance : an approach to decision-making under risk (1978)Stochastic dominance : an app…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Stochastic Dominance Tests for Decreasing Absolute Risk Aversion. I. Discrete Random Variables (1975)Stochastic Dominance Tests fo…Optimal rules for ordering uncertain prospects (1975)Optimal rules for ordering un…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…ON A NEGLECTED ASPECT OF THE THEORY OF RISK AVERSION (1971)ON A NEGLECTED ASPECT OF THE …Some remarks on measures of risk aversion and on their uses (1969)Some remarks on measures of r…Rules for Ordering Uncertain Prospects (1969)Rules for Ordering Uncertain …Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Stochastic Choice and Cardinal Utility (1958)Stochastic Choice and Cardina…The Utility Analysis of Choices Involving Risk (1948)The Utility Analysis of Choic…New development on the third-order stochastic dominance for risk-averse and risk-seeking investors with application in risk management (2019)New development on the third-…Admissibility and Measurable Utility Functions (1962)Chapter 2 Measurement of inequality (2000)Asset smoothing, consumption smoothing and the reproduction of inequality under risk and subsistence constraints (2003)On the measurement of inequality (1970)On Economic Inequality (1973)A theory of anticipated utility (1982)Theory of games and economic behavior (2019)Aspects of the Theory of Risk-Bearing. (1966)Financial Intermediation and Delegated Monitoring (1984)Precautionary Saving in the Small and in the Large (1989)Portfolio Selection: Efficient Diversification of Investments (1959)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Capital market equilibrium in a mean-lower partial moment framework (1977)Theory of Financial Decision Making. (1988)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Risk as feelings. (2001)Moral Hazard and Observability (1979)Toward a knowledge‐based theory of the firm (1996)Auction Theory: A Guide to the Literature (1999)The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics (2002)Auctions: Theory and Practice (2004)Well-being : the foundations of hedonic psychology (1999)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
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References

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  • 1971ON A NEGLECTED ASPECT OF THE THEORY OF RISK AVERSION

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  • 2019New development on the third-order stochastic dominance for risk-averse and risk-seeking investors with application in risk management28 cited