Master Second Order Stochastic Dominance (SOSD)

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  • Опубліковано 8 лис 2024

КОМЕНТАРІ • 16

  • @ChengxuanLi-z3e
    @ChengxuanLi-z3e 19 днів тому +2

    best explanation even in the whole UA-cam

    • @InCaseofEconStruggles
      @InCaseofEconStruggles  19 днів тому

      Thank you so much I’m glad this is helpful! Feel free to share with classmates and I appreciate the comment!

  • @ioasisss
    @ioasisss 29 днів тому +2

    I'm strugging first year PhD micro and you are saving my life

  • @shangyigao
    @shangyigao Місяць тому +1

    very clear!

  • @samir540
    @samir540 23 дні тому +1

    Thank you!

  • @lipca
    @lipca 17 днів тому +1

    u are godsent

  • @tajinderpalmultani4732
    @tajinderpalmultani4732 Місяць тому

    Great video, thank you !

  • @benjaminkjaerhansen4733
    @benjaminkjaerhansen4733 Місяць тому +1

    I get the intuition behind SOSD, but I don't get the definition because F's area under the curve is bigger G's area under the curve after x=20, can you explain why the definition is still true.

    • @InCaseofEconStruggles
      @InCaseofEconStruggles  Місяць тому

      Remember that it’s the cumulative area under F versus the cumulative area under G. I do have a mistake where my integrals should start at - infinity not at 0. Starting at x=20 the cumulative difference in areas starts shrinking but the cumulative area under G is always greater than or equal to the cumulative area under F.
      Does that help?

    • @benjaminkjaerhansen4733
      @benjaminkjaerhansen4733 Місяць тому +1

      It does, thank you very much.😄

    • @InCaseofEconStruggles
      @InCaseofEconStruggles  Місяць тому +1

      @benjaminkjaerhansen4733 awesome I’m glad that helps! Great question and glad the video was helpful!