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DEA-risk efficiency of stock indices

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11320%2F10%3A10051861" target="_blank" >RIV/00216208:11320/10:10051861 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    DEA-risk efficiency of stock indices

  • Original language description

    The paper compares two efficiency approaches: Data Envelopment Analysis (DEA) and Second Order Stochastic Dominance (SSD) efficiency. As DEA inputs, we use several risk measures and functionals which quantify a risk of the indices. As the only DEA output, expected return is considered. Using Second Order Stochastic Dominance criteria, we test pairwise efficiency as well as portfolio efficiency allowing full diversification across the assets.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GAP402%2F10%2F1610" target="_blank" >GAP402/10/1610: Rational Decision Making at Markets with Asynchronous Trading: Theory and Emprical Evidence</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>Z - Vyzkumny zamer (s odkazem do CEZ)

Others

  • Publication year

    2010

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of 47th EWGFM meeting

  • ISBN

    978-80-248-2351-5

  • ISSN

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

  • Publisher name

    VŠB - Technical university of Ostrava

  • Place of publication

    Ostrava

  • Event location

    Praha

  • Event date

    Oct 28, 2010

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article