A Behavioral Characterization of the Likelihood Ratio Order

被引：2
|
作者：
Mihm, Maximilian [1 ]
Siga, Lucas [1 ]
机构：
[1] New York Univ Abu Dhabi, Div Social Sci, Abu Dhabi, U Arab Emirates
来源：
AMERICAN ECONOMIC REVIEW-INSIGHTS | 2021年 / 3卷 / 03期
关键词：
REPRESENTATION; RISK;
D O I：
10.1257/aeri.20200408
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
It is well known that stochastic dominance is equivalent to a unanimity property for monotone expected utilities. For lotteries over a finite set of prizes, we establish an analogous relationship between likelihood ratio dominance and monotone betweenness preferences, which are an important generalization of expected utility.
引用
收藏
页码：353 / 366
页数：14
相关论文
共 50 条
  • [1] MONOTONICITY OF RANK ORDER LIKELIHOOD RATIO
    SAXENA, KML
    SAVAGE, IR
    ANNALS OF THE INSTITUTE OF STATISTICAL MATHEMATICS, 1969, 21 (02) : 265 - &
  • [2] The proportional likelihood ratio order and applications
    Ramos, Romero, H.M.
    Sordo, Diaz, M.A.
    Questiio, 2001, 25 (02): : 211 - 223
  • [3] Likelihood ratio ordering of order statistics
    Ma, CS
    JOURNAL OF STATISTICAL PLANNING AND INFERENCE, 1998, 70 (02) : 255 - 261
  • [4] On the restrictiveness of the usual stochastic order and the likelihood ratio order
    Fried, Sela
    STATISTICS & PROBABILITY LETTERS, 2021, 170
  • [5] NONPARAMETRIC MAXIMUM LIKELIHOOD ESTIMATION UNDER A LIKELIHOOD RATIO ORDER
    Westling, Ted
    Downes, Kevin J.
    Small, Dylan S.
    STATISTICA SINICA, 2023, 33 (02) : 573 - 591
  • [6] APPLICATIONS OF LIKELIHOOD RATIO ORDER IN BAYESIAN INFERENCES
    Huang, Kai
    Mi, Jie
    PROBABILITY IN THE ENGINEERING AND INFORMATIONAL SCIENCES, 2020, 34 (01) : 1 - 13
  • [7] ON A CHARACTERIZATION OF MONOTONE LIKELIHOOD RATIO EXPERIMENTS
    MUSSMANN, D
    ANNALS OF THE INSTITUTE OF STATISTICAL MATHEMATICS, 1987, 39 (02) : 263 - 274
  • [8] Likelihood Ratio Tests in Behavioral Genetics: Problems and Solutions
    Annica Dominicus
    Anders Skrondal
    Håkon K. Gjessing
    Nancy L. Pedersen
    Juni Palmgren
    Behavior Genetics, 2006, 36 : 331 - 340
  • [9] Likelihood ratio tests in behavioral genetics: Problems and solutions
    Dominicus, A
    Skrondal, A
    Gjessing, HK
    Pedersen, NL
    Palmgren, J
    BEHAVIOR GENETICS, 2006, 36 (02) : 331 - 340
  • [10] MULTIVARIATE LIKELIHOOD RATIO ORDERING OF CONDITIONAL ORDER STATISTICS
    Wang, Yashi
    Zhao, Peng
    JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY, 2010, 23 (06) : 1143 - 1152
12345