A New Stochastic Dominance Degree Based on Almost Stochastic Dominance and Its Application in Decision Making

Traditional stochastic dominance rules are so strict and qualitative conditions that generally a stochastic dominance relation between two alternatives does not exist. To solve the problem, we firstly supplement the definitions of almost stochastic dominance (ASD). Then, we propose a new definition...

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Bibliographic Details
Main Authors: Yunna Wu, Xiaokun Sun, Hu Xu, Chuanbo Xu, Ruhang Xu
Format: Article
Language:English
Published: MDPI AG 2017-11-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/19/11/606