Stochastic Integrals in Discounting Proactive Operations

Authors

  • Constantinos T. Artikis Department of Tourism, Faculty of Economic Sciences, Ionian University, P. Vraila Armeni 4, 49132 Corfu, Corfu
  • Panagiotis T. Artikis Department of Accounting & Finance, University of West Attica, Campus 2, Petrou Ralli & Thivon 250, 12244 Egaleo, Athens

DOI:

https://doi.org/10.26713/jims.v13i1.1511

Keywords:

Proactivity, Stochastic integral, Infinite divisibility, Discounting model

Abstract

Proactivity constitutes a structural factor of decision making in many practical disciplines. It is generally adopted that stochastic discounting models substantially contribute to the development and implementation of proactive operations. The paper concentrates on the formulation of a stochastic discounting model by incorporating a stochastic integral and a positive random variable. Moreover, the paper provides interpretation of the stochastic discounting model in proactive environments.

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References

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Published

2021-03-31
CITATION

How to Cite

Artikis, C. T., & Artikis, P. T. (2021). Stochastic Integrals in Discounting Proactive Operations. Journal of Informatics and Mathematical Sciences, 13(1), 25–30. https://doi.org/10.26713/jims.v13i1.1511

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Research Articles