...Panagiotis T. Artikis; Constantinos T. Artikis Purpose Risk control programs of modern complex organizations make extensive use of stochastic models. The purpose of this paper is to consider a class of stochastic models in severity and risk duration reduction operations. Design/methodology...

...) to invest in each of the stocks at time t∈[0,T]. Let x(t)=x(t;x₀,π) denotes his wealth process. It satisfies the equation Equation 5 © MCB UP Limited 2003 Cybernetics Risk Stochastic modelling Over the last two decades...

... square error estimator (MMSEE), median unbiased estimator (MUE), and the best invariant estimator (BIE) is discussed. Cybernetics Stochastic modelling © MCB UP Limited 2003 The loss incurred by making decision d when μ≡x(k_{1) is the true parameter}...

...)a_n>0, a_n→ 0 and ∑_n=1^∞ a_n=∞. © MCB UP Limited 2001 Cybernetics Stochastic modelling Optimization Many practical problems arising from modeling, control, signal processing and other areas can...

...R.C. Bassanezi; L.C. de Barros The use of deterministic or stochastic models to describe an observable phenomenon is considered to present enormous difficulty when evaluating the subjective parameters. In those cases where randomness cannot be established, or when there are not sufficient data...

...Bonawentura Kochel Discusses the efficiency of a cybernetic approach to non‐oscillatory luminescence processes, generated by perturbed biosystems, and applies it to oscillatory luminescence processes. Constructs multiplicative stochastic models of oscillatory bio‐ and chemiluminescence processes...

... UP Limited 1995 Cybernetics Stochastic modelling Cybernetic theory of the stochastic process Sudhir Madan Egerton University, Njaro, Kenya Short papers 59 Introduction The central theme of cybernetics is the system relevant to a specific situation or a problem and it was first...

... Stochastic modelling Kybernetes 23,6/7 128 Wiener-Hopf Equation Revisited Amitava Ghosal CSIR Complex, New Delhi, India Introduction The famous Wiener-Hopf integral equation[1], which has wide applications in science and engineering, was developed in 1931. With availability of computers to do large scale...