Show simple item record

dc.contributor.authorCarlier, Guillaume
dc.contributor.authorDana, Rose-Anne
dc.contributor.authorGalichon, Alfred
dc.date.accessioned2017-03-18T13:38:27Z
dc.date.available2017-03-18T13:38:27Z
dc.date.issued2012
dc.identifier.issn0022-0531
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/16407
dc.language.isoenen
dc.subjectstochastic dominance
dc.subjectEfficiency
dc.subjectComonotonicity
dc.subjectConcave order
dc.subjectStochastic dominance
dc.subjectMultivariate risk-sharing
dc.subject.ddc332en
dc.subject.classificationjelD.D8.D81
dc.subject.classificationjelD.D6.D61
dc.subject.classificationjelC.C6.C61
dc.titlePareto efficiency for the concave order and multivariate comonotonicity
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThis paper studies efficient risk-sharing rules for the concave dominance order. For a univariate risk, it follows from a comonotone dominance principle, due to Landsberger and Meilijson [28], that efficiencyis characterized by a comonotonicity condition. The goal of the paper is to generalize the comonotone dominance principle as well asthe equivalence between efficiency and comonotonicity to the multidimensional case. The multivariate case is more involved (in particularbecause there is no immediate extension of the notion of comonotonicity) and it is addressed by using techniques from convex duality andoptimal transportation.
dc.relation.isversionofjnlnameJournal of Economic Theory
dc.relation.isversionofjnlvol147
dc.relation.isversionofjnlissue1
dc.relation.isversionofjnldate2012
dc.relation.isversionofjnlpages207-229
dc.relation.isversionofdoi10.1016/j.jet.2011.11.011
dc.relation.isversionofjnlpublisherElsevier
dc.subject.ddclabelEconomie financièreen
dc.relation.forthcomingnonen
dc.relation.forthcomingprintnonen
dc.description.ssrncandidatenon
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
dc.relation.Isversionofjnlpeerreviewedoui
dc.date.updated2018-05-16T12:51:28Z
hal.person.labIds*
hal.person.labIds*
hal.person.labIds*


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record