• International Journal of Fuzzy Logic and Intelligent Systems
• /
• v.9 no.1
• /
• pp.1-3
• /
• 2009

Recently, Carlsson, Full\acute{e}$r and Majlender [1] presented the concept of possibilitic correlation representing an average degree of interaction between marginal distribution of a joint possibility distribution as compared to their respective dispersions. They also formulated the weak and strong forms of the possibilistic Cauchy-Schwarz inequality. In this paper, we define a new probability measure. Then the weak and strong forms of the Cauchy-Schwarz inequality are immediate consequence of probabilistic Cauchy-Schwarz inequality with respect to the new probability measure.

• Communications for Statistical Applications and Methods
• /
• v.10 no.2
• /
• pp.545-552
• /
• 2003

Let X$_1$, X$_2$, … be real valued random variables under linearly negatively quadrant dependent (LNQD). In this paper, we discuss the probability inequality of ennett(1962) and Hoeffding(1963) under some suitable random variables. These results are to extend Theorem A and B to LNQD random variables. Furthermore, let ζdenote the ｐth quantile of the marginal distribution function of the $Ｘ_i$'s which is estimated by a smooth estima te $ζ_{pn}$, on the basis of X$_1$, X$_2$, …$X_n$. We establish a convergence of $ζ_{pn}$, under Hoeffding-type probability inequality of LNQD.

• Korean Management Science Review
• /
• v.28 no.1
• /
• pp.159-167
• /
• 2011

The theory of random utility maximization (RUM) defines the probability of an alternative being chosen as the probability of its utility being perceived as higher than those of all the other competing alternatives in the choice set (Marschak 1960). According to this theory, consumers perceive the utility of an alternative not as a constant but as a probability distribution. Over the last two decades, there have been an increasing number of studies on the effect of utility variance on choice probability. The common result of the previous studies is that as the utility variance increases, the effect of the mean value of the utility (the deterministic component of the utility) on choice probability is reduced. This study provides a theoretical investigation on the effect of utility variance on choice probability without any assumptions on the specific forms of probability distributions. This study suggests that without assumptions of the probability distribution functions, firms cannot apply the marketing strategy of maximizing choice probability (or market share), but can only adopt the strategy of maximizing the minimum or maximum value of the expected choice probability. This study applies the Chebyshef inequality and shows how the changes in utility variances affect the maximum of minimum of choice probabilities and provides managerial implications.

• The Pure and Applied Mathematics
• /
• v.29 no.1
• /
• pp.51-57
• /
• 2022

The Jensen, Simic and Mercer inequalities are very important inequalities in theory of inequalities and some results are devoted to this inequalities. In this paper, firstly, we establish extension of Jensen-Simic-Mercer inequality. After that, we investigate bounds for Shannons entropy of a probability distribution. Finally, We give some new applications in analysis.

• Journal of the Korean Mathematical Society
• /
• v.48 no.3
• /
• pp.655-667
• /
• 2011

A class of functions involving divided differences of the psi and tri-gamma functions and originating from Kershaw's double inequality are proved to be completely monotonic. As applications of these results, the monotonicity and convexity of a function involving the ratio of two gamma functions and originating from the establishment of the best upper and lower bounds in Kershaw's double inequality are derived, two sharp double inequalities involving ratios of double factorials are recovered, the probability integral or error function is estimated, a double inequality for ratio of the volumes of the unit balls in $\mathbb{R}^{n-1}$ and $\mathbb{R}^n$ respectively is deduced, and a symmetrical upper and lower bounds for the gamma function in terms of the psi function is generalized.

• Communications of the Korean Mathematical Society
• /
• v.10 no.1
• /
• pp.195-205
• /
• 1995

• Kyungpook Mathematical Journal
• /
• v.45 no.3
• /
• pp.423-431
• /
• 2005

Some recent inequalities for expectation and cumulative distribution function are improved.

• Journal of the Chungcheong Mathematical Society
• /
• v.27 no.2
• /
• pp.165-172
• /
• 2014

In this paper, we derive some valuable inequalities of Rado's and Poponov's types on the open interval of positive real numbers, and then show weighted generalizations of Rado's and Poponov's inequalities on the set of positive real numbers equipped with compactly supported probability measure.

• Journal of applied mathematics & informatics
• /
• v.26 no.1_2
• /
• pp.191-201
• /
• 2008

In this paper, we consider an insurance risk model governed by a compound Binomial arrival claim process and by a compound Binomial arrival premium process. Some formulas for the probabilities of ruin and the distribution of ruin time are given, we also prove the integral equation of the ultimate ruin probability and obtain the Lundberg inequality by the discrete martingale approach.

• Communications of the Korean Mathematical Society
• /
• v.22 no.1
• /
• pp.137-143
• /
• 2007

In this paper, a Berstein-Hoeffding type inequality is established for linearly negative quadrant dependent random variables. A condition is given for almost sure convergence and the associated rate of convergence is specified.