برتری تصادفی مبتنی بر صرف ارزش و رفتار ریسک‌گریزانه سرمایه‌گذاران در بورس اوراق بهادار تهران

In this paper we study the common rules of stochastic dominance (first order stochastic dominance, second and third) and the concept of stochastic dominance are discussed in the context of real behavior of investors. base on this, we examine the investor’s behavior toward growth-value stocks based on rules of stochastic dominance for the listed companies in tse. the results don’t show first, second and third order of stochastic dominance of growth stocks over value stocks and value stocks over growth stocks.