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In this paper we review and unify some of the classes of generalized convex functions introduced by different authors to prove minimax results in infinite dimensional spaces and show the relations between those classes. We also list for the most general class already introduced by Jeyakumar an...
Persistent link: https://www.econbiz.de/10008570630
In this paper we consider stochastic purchase timing models used in marketing for low-involvement products and show that important characteristics of those models are easy to compute. As such these calculations are based on an elementary probabilistic argument and cover not only the well-known...
Persistent link: https://www.econbiz.de/10008584626
In this paper which will appear as a chapter in the Handbook of Generalized Convexity we discuss the basic ideas of convex and quasiconvex analysis in finite dimensional Euclidean spaces. To illustrate the usefulness of this branch of mathematics also applications to optimization theory and...
Persistent link: https://www.econbiz.de/10008584643
In this note we derive the expected total discounted profit of an insurer due to a single policy holder within a third-party liability insurance. We consider both a policy holder claiming optimally and non-optimally.
Persistent link: https://www.econbiz.de/10008584653
This paper proposes a deep cut version of the ellipsoid algorithm for solving a general class of continuous convex programming problems. In each step the algorithm does not require more computational effort to construct these deep cuts than its corresponding central cut version. Rules that...
Persistent link: https://www.econbiz.de/10008584659
In this note we review some known minimax theorems with applications in game theory and show that these results form an equivalent chain which includes the strong separation result in finite dimensional spaces between two disjoint closed convex sets of which one is compact. By simplifying the...
Persistent link: https://www.econbiz.de/10008584669
In this note we show that the strong duality theorem of an unconstrained (generalized) geometric programming problem as defined by Peterson (cf.[1]) is actually a special case of a Lagrangian duality result. Contrary to [1] we also consider the case that the set C is compact and convex and in...
Persistent link: https://www.econbiz.de/10008584672
In this paper we introduce several classes of generalized convex functions already discussed in the literature and show the relation between those function classes. Moreover, for some of those function classes a Farkas-type theorem is proved. As such this paper unifies and extends results...
Persistent link: https://www.econbiz.de/10008584679
This article is a continuation of the paper "Inventory Control and Regenerative processes: Theory" (Bazsa et al.; 1998) and presents closed form expressions for Laplace transforms associated with the cost functions of the classical single item inventory models with indivisible items, a fixed...
Persistent link: https://www.econbiz.de/10008584710
Persistent link: https://www.econbiz.de/10008584715