On a new order relation between random variables related to investment problems
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2024-06-21 01:43
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RADUCAN, Anisoara Maria, VERNIC, Raluca, ZBĂGANU, Gheorghiță. On a new order relation between random variables related to investment problems. In: Conference on Applied and Industrial Mathematics: CAIM 2022, Ed. 30, 14-17 septembrie 2023, Chişinău. Iași, România: 2023, Ediţia 30, pp. 56-57.
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Conference on Applied and Industrial Mathematics
Ediţia 30, 2023
Conferința "Conference on Applied and Industrial Mathematics"
30, Chişinău, Moldova, 14-17 septembrie 2023

On a new order relation between random variables related to investment problems


Pag. 56-57

Raducan Anisoara Maria1, Vernic Raluca2, Zbăganu Gheorghiță1
 
1 "Gheorghe Mihoc - Caius Iacob" Institute of Mathematical Statistics and Applied Mathematics of Romanian Academy,
2 Ovidius University, Constanța
 
 
Disponibil în IBN: 22 martie 2024


Rezumat

Related to a stochastic investment problem which aims to determine when is it better to first invest a larger amount of money and afterwards a smaller one, in this paper we introduce a new preference relation between random variables. We investigate the link between this new relation and some well-known stochastic order relations and present some characterization properties illustrated with numerical examples.