Market behavior when preferences are generated by second-order stochastic dominance (Q707380)

From the author's abstract: We develop a theory of decision making and general equilibrium for contingent markets when incomplete preferences are generated by second order stochastic dominance. Demand, Pareto-optimality and equilibria dominance are fully characterized. Demands and equilibrium allocations are non-increasing functions of the pricing density and Pareto-optimal allocations are comonotone.