Dominated asset

Dominated asset is An asset that offers an inferior return compared to another asset in all possible realizations of future uncertainty. Double coincidence of wants]]. A situation in which two individuals each have precisely the good that the other wants.

Definition

According to Macroeconomics by Mankiw (7th edition),

Dominated asset. An asset that offers an inferior return compared to another asset in all possible realizations of future uncertainty. Double coincidence of wants]]. A situation in which two individuals each have precisely the good that the other wants.