Stochastic dominance comparisons based on interest discount model
The sufficient conditions for interest discount models increasing in the sense of the first-order stochastic dominance,the second-order stochastic dominance,and the risk-loving stochastic dominance were first given in this paper.We also obtained the sufficient conditions for weighted interest discount models increasing in the sense of the second-order stochastic dominance,and the risk-loving stochastic dominance when the weights decrease in the sense of the majorization order.