RSD: Compares Random Distributions using Stochastic Dominance
The Stochastic Dominance (SD) is the classical way of comparing two
random prospects, using their distribution functions. Almost Stochastic
Dominance (ASD) has also been developed to cover the SD failures due to
the extreme utility functions. This package focuses on classical and heuristic methods
for testing the first and second SD and ASD methods given the probability mass
function (PMF) of the random prospects. The goal is to apply these methods
easily, efficiently, and effectively on real-world datasets. For more
details see Hanoch and Levy (1969) <doi:10.2307/2296431>, Leshno and Levy
(2002) <doi:10.1287/mnsc.48.8.1074.169>, and Tzeng et al. (2012)
<doi:10.1287/mnsc.1120.1616>.
Documentation:
Downloads:
Linking:
Please use the canonical form
https://CRAN.R-project.org/package=RSD
to link to this page.