Stochastic dominance and opaque sweetening

This paper addresses the problem of opaque sweetening and argues that one should use stochastic dominance in comparing lotteries even when dealing with incomplete orderings that allow for non-comparable outcomes.

Bibliografiska uppgifter
Huvudupphovsman: Bader, R
Materialtyp: Journal article
Publicerad: Routledge 2017
Beskrivning
Sammanfattning:This paper addresses the problem of opaque sweetening and argues that one should use stochastic dominance in comparing lotteries even when dealing with incomplete orderings that allow for non-comparable outcomes.