SHADOW PRICE IMPLICATIONS OF SECOND DEGREE STOCHASTIC DOMINANCE EFFICIENCY

Second degree stochastic dominance (SSD) can be, but seldom is explicitly, applied to problems having continuous variables. A model is presented which, for any SSD efficient solution, facilitates exploration of the set of SSD consistent shadow prices. The model is tested by applying it to a problem described by Hazell.


Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/36370
Total Pages:
15
Series Statement:
Selected Paper of the 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia




 Record created 2017-04-01, last modified 2017-08-21

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