Preferences over location-scale family

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	Preferences over location-scale family
	Wing-Keung Wong ; Chenghu Ma
刊名	http://www.wise.xmu.edu.cn/paperInfor.asp?id=110
	2013-11-08
关键词	Location-scale family Inverse problem Non-expected utility function Stochastic dominance Location-scale dominance Mean-variance rule
英文摘要	This paper extends the work on location-scale (LS) family with general n random seed sources. First, we clarify and generalize existing results in this multivariate setting. Some useful geometrical and topological properties of the location-scale expected utility functions are obtained. Second, we introduce and study some general non-expected utility functions defined over the LS family. Special care is taken in characterizing the shapes of the indifference curves induced by the location-scale expected utility functions and non-expected utility functions. Finally, efforts are also made to study several well-defined partial orders and dominance relations defined over the LS family. These include the first- and second-order stochastic dominances, the mean-variance rule, and a newly defined location-scale dominance. ; This paper was published in Economic Theory, p119-146, 2008; 37 (1).
语种	中文
内容类型	期刊论文
源URL	[http://dspace.xmu.edu.cn/handle/2288/56893]
专题	王亚南院－已发表论文
推荐引用方式 GB/T 7714	Wing-Keung Wong,Chenghu Ma . Preferences over location-scale family[J]. http://www.wise.xmu.edu.cn/paperInfor.asp?id=110,2013.
APA	Wing-Keung Wong,&Chenghu Ma .(2013).Preferences over location-scale family.http://www.wise.xmu.edu.cn/paperInfor.asp?id=110.
MLA	Wing-Keung Wong,et al."Preferences over location-scale family".http://www.wise.xmu.edu.cn/paperInfor.asp?id=110 (2013).