Article ID Journal Published Year Pages File Type
5076613 Insurance: Mathematics and Economics 2014 6 Pages PDF
Abstract
The present paper extends to higher degrees the well-known separation theorem decomposing a shift in the increasing convex order into a combination of a shift in the usual stochastic order followed by another shift in the convex order. An application in decision making under risk is provided to illustrate the interest of the result.
Keywords
Related Topics
Physical Sciences and Engineering Mathematics Statistics and Probability
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