Stochastic dominance has long been a fundamental tool in financial decision‐making, providing a robust non-parametric framework to compare different probability distributions of asset returns. By ...

A method is developed to permit joint estimation of risk preference structure, degree of risk aversion, and production technology. The method is implemented using the Expo-Power utility function, ...

For risk-averse accountants and chief financial officers, change can be hard. But artificial intelligence and other advanced technologies are coming, and financial officers who don’t adapt may find ...