Partial stochastic dominance via optimal transport (Q2661524): Difference between revisions

In recent years, researchers have introduced many different notions of ``partial'' stochastic dominance. One is ``restricted stochastic dominance'', another is ``almost stochastic dominance'', a third kind of measure is connected with degree of stochastic dominance in the context of income mobility analysis. The paper proposes to consider measures of partial stochastic dominance collectively. In the opinion of the authors, the most natural measure of partial stochastic dominance can be understood as the solution to an optimal transport problem.