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
  • [41] A jackknife empirical likelihood ratio test for strong mean inactivity time order
    Mathew, Litty
    Anisha, P.
    Kattumannil, Sudheesh K.
    STATISTICS & PROBABILITY LETTERS, 2022, 190
  • [42] Second-order refinement of empirical likelihood ratio tests of nonlinear restrictions
    Ma, Jun
    ECONOMETRICS JOURNAL, 2017, 20 (01): : 139 - 148
  • [43] Likelihood ratio order of m-spacings in multiple-outlier models
    Xu, Maochao
    Li, Xiaohu
    Zhao, Peng
    Li, Zhouping
    COMMUNICATIONS IN STATISTICS-THEORY AND METHODS, 2007, 36 (08) : 1507 - 1525
  • [44] Jackknife empirical likelihood ratio test for testing mean time to failure order
    Deemat C. Mathew
    Reeba Mary Alex
    Sudheesh K. Kattumannil
    Statistical Papers, 2024, 65 : 79 - 92
  • [45] Likelihood ratio order of the second spacing in multiple-outlier exponential models
    Zhao, Peng
    Qiao, Jianfei
    Balakrishnan, N.
    STATISTICS, 2016, 50 (01) : 206 - 218
  • [46] COMPARISON BETWEEN THE CONDITIONAL LIKELIHOOD RATIO AND THE USUAL LIKELIHOOD RATIO TESTS
    MUKERJEE, R
    JOURNAL OF THE ROYAL STATISTICAL SOCIETY SERIES B-METHODOLOGICAL, 1992, 54 (01): : 189 - 194
  • [47] An analytical characterization of maximum likelihood signal-to-noise ratio estimation
    Cioni, S
    Corazza, GE
    Bousquet, M
    2nd International Symposium on Wireless Communications Systems 2005 (ISWCS 2005), 2005, : 827 - 830
  • [48] Likelihood Ratio in Diagnosis
    Crewe, Stephanie
    Rowe, Peter C.
    PEDIATRICS IN REVIEW, 2011, 32 (07) : 296 - 298
  • [49] ON THE DISTRIBUTION OF THE LIKELIHOOD RATIO
    CHERNOFF, H
    ANNALS OF MATHEMATICAL STATISTICS, 1954, 25 (03): : 573 - 578
  • [50] IN DEFENSE OF THE LIKELIHOOD RATIO
    ROSTHOJ, S
    MOLLERPETERSEN, J
    SCANDINAVIAN JOURNAL OF CLINICAL & LABORATORY INVESTIGATION, 1987, 47 (06): : 631 - 633
12345