Facilitating Strategic Operations by Making Use of a Model Incorporating a Stochastic Integral

Constantinos T. Artikis; Panagiotis T. Artikis

doi:10.26713/cma.v10i4.1263

Authors

Constantinos T. Artikis Department of Tourism Ionian University Faculty of Economical Sciences 49 100 Corfu
Panagiotis T. Artikis Department of Accounting and Finance University of West Attica School of Management, Economic and Social Sciences 12244 Egaleo, Athens

DOI:

https://doi.org/10.26713/cma.v10i4.1263

Keywords:

Model, Discounting, Characteristic function

Abstract

Formulation, investigation, and practical interpretation of stochastic models are generally recognized as extremely useful research activities for a wide class of scientific disciplines. The paper makes use of a stochastic integral and a product of two positive random variables for formulating a stochastic model. A characterization and an interpretation in strategic operations arising in financial economics of the formulated stochastic model are also established by the paper.

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References

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