National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Third-degree stochastic dominance and DEA efficiency - relations and numerical comparison
Branda, Martin
We propose efficiency tests which are related to the third-degree stochastic dominance (TSD). The tests are based on necessary conditions for TSD and on related mean-risk models. We test pairwise efficiency as well as portfolio efficiency with respect to full diversification of available assets.

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