Stochastic Dominance: Investment Decision Making under Uncertainty

Risk: Is There a Unique Objective Measure?.- Expected Utility Theory.- Stochastic Dominance Decision Rules.- Stochastic Dominance: The Quantile Approach.- Algorithms for Stochastic Dominance.- Stochastic Dominance with Specific Distributions.- Almost Stochastic Dominance (ASD).- Stochastic Dominance and Risk Measures.- Stochastic Dominance and Diversification.- The CAPM and Stochastic Dominance.- The Empirical Studies: Dominance and Significance Tests.- Applications of Stochastic Dominance Rules.- Mean-Variance, Stochastic Dominance and the Investment Horizon.- Stock Versus Bonds: A Stochastic Dominance Approach.- Non-Expected Utility and Stochastic Dominance.- Stochastic Dominance and Prospect Theory.- Multivariate Utility Functions.- Future Research.