• Media type: E-Article
  • Title: Properties of stochastic arrangement increasing and their applications in allocation problems
  • Contributor: Wei, Wei [Author]
  • Published: Basel: MDPI, 2018
  • Language: English
  • DOI: https://doi.org/10.3390/risks6020049
  • ISSN: 2227-9091
  • Keywords: stochastic orders ; stochastic arrangement increasing ; optimal allocations ; arrangement increasing function ; majorization
  • Origination:
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  • Description: There are extensive studies on the allocation problems in the field of insurance and finance. We observe that these studies, although involving different methodologies, share some inherent commonalities. In this paper, we develop a new framework for these studies with the tool of arrangement increasing functions. This framework unifies many existing studies and provides shortcuts to developing new results.
  • Access State: Open Access
  • Rights information: Attribution (CC BY)