We apply Second Degree Stochastic Dominance approach to examine the impact of corporate move to LIFO inventory method from the use of FIFO.
Tests of the Impact of LIFO Adoption on Stockholders: A Stochastic Dominance Approach,' Contemporary Accounting Research, Vol. 3, No. 2, (Spring 1987), pp. 430-444
BAR-YOSEF, SASSON
1987
Abstract
We apply Second Degree Stochastic Dominance approach to examine the impact of corporate move to LIFO inventory method from the use of FIFO.
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