Central moments, stochastic dominance, moment rule, and diversification with an application

DOI10.1016/j.chaos.2022.112251zbMath1504.91100OpenAlexW4282929699MaRDI QIDQ2112856

Sheung-Chi Chow, Xu Guo, Wing-Keung Wong, Raymond Honfu Chan

Publication date: 12 January 2023

Published in: Chaos, Solitons and Fractals (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.chaos.2022.112251

zbMATH Keywords

risk aversionstochastic dominancecentral momentsrisk seekingexpected-utility maximizationinvestment behaviorsmoment rule

Mathematics Subject Classification ID

Inequalities; stochastic orderings (60E15) Decision theory (91B06) Utility theory (91B16) Portfolio theory (91G10)

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