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A separation theorem for the weak S-Convex Orders

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  • Denuit, Michel
  • Liu, Liqun
  • Meyer, Jack

Abstract

The present paper extends to higher degrees the well-known separation theorem decomposing a shift in the increasing convex order into a combination of a shift in the usual stochastic order followed by another shift in the convex order. An application in decision making under risk is provided to illustrate the interest of the result.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

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  • Denuit, Michel & Liu, Liqun & Meyer, Jack, 2014. "A separation theorem for the weak S-Convex Orders," LIDAM Discussion Papers ISBA 2014040, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    • Handle: RePEc:aiz:louvad:2014040
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    References listed on IDEAS

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