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Stochastic dominance
Summary
- The term Stochastic dominance is used in decision theory to refer to situations where one lottery (a probability distribution over outcomes) can be ranked as superior to another, with only limited knowledge of preferences.
Soundex: S323 ( S323 D52 ) Metaphone: STXSTKTMNNS Reference |
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* This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Stochastic dominance".