Testing for Stochastic Dominance
提出一种仅使用样本数据的置换检验方法,用于检验二阶随机占优,并通过实例展示其与传统做法的差异。
Abstract A test for second‐degree stochastic dominance is proposed. The test is a permutation test using only the sample data. It is exemplified using data from Kramer and Pope. The test conclusions differ substantially from standard practice in which no statistical test is conducted.