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What is the relationship between stochastic dominance and expected value? If alternative A dominates alternative B, then is it always true that EV(A) is better
What is the relationship between stochastic dominance and expected value? If alternative A dominates alternative B, then is it always true that EV(A) is better than EV(B)? Why?
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
