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20202026
most citedAn unexpected stochastic dominance: Pareto distributions, dependence, and diversification

4 citations · 8 across the 9 of their papers we have counts for

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q-fin.PM2024

Diversification for infinite-mean Pareto models without risk aversion

Yuyu Chen, Taizhong Hu, Ruodu Wang +1

We study stochastic dominance between portfolios of independent and identically distributed (iid) extremely heavy-tailed (i.e., infinite-mean) Pareto random variables. With the not…