This paper uses stochastic dominance (SD) analysis to examine whether Islamic stock
indexes outperform conventional stock indexes by comparing nine Dow Jones Islamic …

We propose a procedure for estimating the critical values of the extended Kolmogorov-
Smirnov tests of Stochastic Dominance of arbitrary order in the general K-prospect case. We …

Consumers may overestimate the precision of their demand forecasts. This overconfidence
creates an incentive for both monopolists and competitive firms to offer tariffs with included …

Despite the development and growth of Islamic finance, the academic literature on the
subject, while increasing, has so far provided no information on the calendar anomalies in …

This paper is motivated by the empirical regularity that industries differ greatly in the level of
firm turnover and that entry and exit rates are positively correlated across industries. Our …

This paper applies recent econometric tests of stochastic dominance to examine an
enduring puzzle in finance: the momentum effect in stock returns (J. Finance 48 (1993) 65) …

This study examines the role of gold in diversification of eight Dow Jones Islamic stock index
portfolios from 1996 to 2017. Using stochastic dominance (SD) approach, it tests the null …

This paper aims to assess the role of gold quoted in Paris in the diversification of French
portfolios from 1949 to 2012 using the stochastic dominance (SD) approach. The principal …

Using stochastic dominance (SD) approach, this paper revisits the Ramadan effect in the
stock returns of 15 Muslim countries and altogether as a portfolio. Our study is motivated by …

Stochastic dominance techniques have been mainly employed in poverty analyses to
overcome what it is called the multiplicity of poverty indices problem. Moreover, in the …