(M5E9) [Microeconomics] First Order Stochastic Dominance: Definition

[@bilaltaskin0]

Hi, Selcuk! Thanks for the great video! One quick comment... You said, ".... all monotonic transformations represent the same preferences." However, we may lose the iia specification under monotonic transformations unless you mean Bernoulli utility, not the vNM expected utility function. The expected utility functions are unique up to affine transformations since it's a cardinal property, in contrast to regular utility functions which are ordinal. Thank you for the great video, again!

[@asirintisar5504]

Thank you Professor , for such an amazing ,simple, smooth and understandable explanation.

[@aniketraut71]

best video on yt on Stochastic Dominance. you have got a new subscriber.

[@mohammedmahinuralam2796]

Excellent exposition of the FOSD. Thanks so much, Professor!

[@nnekaukwuegbu1170]

Thank you so much. Your explanation is superb!

[@mahyaazimi]

It was great. Thank you very much for your very clear explanation.

[@mehmetburakakren291]

Thank you so much, it was an understandable explanation.

[@juanmartinrinaldi9498]

Excellent. Thank you very much!

[@surbhitjain3848]

Thanks alot prof!

[@sandraborja6387]

Very clear video! Thank you very much!!

[@selcukozyurt]

Glad it was helpful!

[@user-hx6qy3ev9x]

great explanation!

[@sasni3465]

I love your video. It's clearly explained. Keep making you tube video. I am studying Ariel Rubinstein microeconomics theory book. Please explain also about the problem set in the book.

[@fakenisa]

Hi ayu, May I discuss with u bout this

[@sasni3465]

@@fakenisa Hi Nisa..
sure, we can study together.

[@fakenisa]

@@sasni3465 how we'll text

[@sasni3465]

can you please explain why pD1q implies pD2q?