{"product_id":"stochastic-dominance-and-applications-to-songsak-sriboonchita-9781420082661","title":"Stochastic Dominance and Applications to Finance, Risk and Economics","description":"\u003cp\u003eDrawing from many sources in the literature, \u003cstrong\u003eStochastic Dominance and Applications to Finance, Risk and Economics\u003c\/strong\u003e illustrates how stochastic dominance (SD) can be used as a method for risk assessment in decision making. It provides basic background on SD for various areas of applications. \u003c\/p\u003e\u003cp\u003eUseful Concepts and Techniques for Economics Applications\u003c\/p\u003e\u003cp\u003eThe majority of the text presents a systematic exposition of SD, emphasizing rigor and generality. It covers utility theory, multivariate SD, quantile functions, risk modeling, Choquet integrals, other risk measures, statistical inference, nonparametric estimation, hypothesis testing, and econometrics. The remainder of the book explores new applications of SD in finance, risk, and economics. At the beginning of each economic concept, the authors clearly explain only the necessary mathematics so readers are not overburdened with learning nonessential, arduous mathematics.\u003c\/p\u003e\u003cp\u003eThis accessible guide helps readers build a useful repertoire of mathematical tools in decision making under uncertainty, especially in investment science. It provides thorough coverage on the theory of SD, along with many applications to economics and other fields where risk is crucial.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Songsak Sriboonchita,Wing-Keung Wong,Sompong Dhompongsa\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1420082663\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781420082661\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e CRC Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/01\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 456\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.70lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.30w x 1.20d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eReference and Research Bk News\u003c\/i\u003e 05\/01\/2010 pg. 128","brand":"Songsak Sriboonchita","offers":[{"title":"Hardcover","offer_id":48065555497215,"sku":"9781420082661","price":280.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_1b897c0b-d14e-46bd-936f-90d60278b4c3.jpg?v=1768675745","url":"https:\/\/www.whiterainbookhouse.com\/products\/stochastic-dominance-and-applications-to-songsak-sriboonchita-9781420082661","provider":"WR Book House","version":"1.0","type":"link"}