Abstract
Consideration was given to the properties of the probability and quantile functions that are sufficient for effective solution of the stochastic optimization problems involving such functions. Presented were sufficient conditions for quasiconcavity (logarithmic concavity) of the probabilistic measure which is one of the two main conditions guaranteeing quasiconcavity of the probability function and quasiconvexity of the quantile function.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.