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Author:

Zhang, Jianling (Zhang, Jianling.) | Zhang, Zhongzhan (Zhang, Zhongzhan.) (Scholars:张忠占) | Wang, Weizhen (Wang, Weizhen.)

Indexed by:

Scopus SCIE

Abstract:

Second-order stochastic dominance plays an important role in reliability and various branches of economics such as finance and decision-making under risk, and statistical testing for the stochastic dominance is often useful in practice. In this paper, we present a test of stochastic equality under the constraint of second-order stochastic dominance based on the theory of empirical processes. The asymptotic distribution of the test statistic is obtained, and a simple method to compute the critical value is derived. Simulation results and real data examples are presented to illustrate the proposed test method.

Keyword:

Second-order stochastic dominance weak convergence hypothesis testing asymptotic distribution

Author Community:

  • [ 1 ] [Zhang, Jianling]Beijing Univ Technol, Coll Appl Sci, Beijing 100124, Peoples R China
  • [ 2 ] [Zhang, Zhongzhan]Beijing Univ Technol, Coll Appl Sci, Beijing 100124, Peoples R China
  • [ 3 ] [Wang, Weizhen]Beijing Univ Technol, Coll Appl Sci, Beijing 100124, Peoples R China
  • [ 4 ] [Zhang, Jianling]Weifang Univ, Sch Math & Informat Sci, Weifang 261061, Peoples R China
  • [ 5 ] [Wang, Weizhen]Wright State Univ, Dept Math & Stat, Dayton, OH 45435 USA

Reprint Author's Address:

  • 张忠占

    [Zhang, Zhongzhan]Beijing Univ Technol, Coll Appl Sci, 100 Pingleyuan, Beijing 100124, Peoples R China

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Source :

INTERNATIONAL JOURNAL OF BIOMATHEMATICS

ISSN: 1793-5245

Year: 2015

Issue: 3

Volume: 8

2 . 2 0 0

JCR@2022

ESI Discipline: BIOLOGY & BIOCHEMISTRY;

ESI HC Threshold:254

JCR Journal Grade:3

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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