@article{f42450515ab1414287799094b57bf56b,
title = "Stochastic dominance representation of optimistic belief: Theory and applications",
abstract = "This note gives a stochastic dominance representation of more optimistic belief in rank dependent expected utility. Applying this observation, we can demonstrate the effect of more optimistic belief on economic decisions and equilibria under risk making comparative static analysis.",
keywords = "Comparative statics, Optimistic belief, Rank dependent expected utility, Stochastic dominance",
author = "Yusuke Osaki and John Quiggin",
note = "Funding Information: Osaki and Quiggin are grateful to an anonymous referee, and Osaki is also grateful to Hideki Iwaki, Keigo Matsumura, and Lyn C. Thomas for their advices and comments. The earlier version of this note was written when Osaki visited at School of Economics, University of Queensland. Osaki thanks for its hospitality. Financial support from Daiwa Securities Group Inc., and JSPS Fellowships for Young Scientists is gratefully acknowledged. The usual disclaimer applies. Copyright: Copyright 2019 Elsevier B.V., All rights reserved.",
year = "2008",
month = dec,
doi = "10.1016/j.econlet.2008.09.005",
language = "English",
volume = "101",
pages = "275--278",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "3",
}