• Title/Summary/Keyword: mathematics for economics

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FINANCIAL TIME SERIES FORECASTING USING FUZZY REARRANGED INTERVALS

  • Jung, Hye-Young;Yoon, Jin-Hee;Choi, Seung-Hoe
    • The Pure and Applied Mathematics
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    • v.19 no.1
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    • pp.7-21
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    • 2012
  • The fuzzy time series is introduced by Song and Chissom([8]) to construct a pattern for time series with vague or linguistic value. Many methods using the interval and fuzzy logical relationship related with historical data have been suggested to enhance the forecasting accuracy. But they do not fully reflect the fluctuation of historical data. Therefore, we propose the interval rearranged method to reflect the fluctuation of historical data and to improve the forecasting accuracy of fuzzy time series. Using the well-known enrollment, the proposed method is discussed and the forecasting accuracy is evaluated. Empirical studies show that the proposed method in forecasting accuracy is superior to existing methods and it fully reflects the fluctuation of historical data.

ON THE GENERAL DECAY STABILITY OF STOCHASTIC DIFFERENTIAL EQUATIONS WITH UNBOUNDED DELAY

  • Meng, Xuejing;Yin, Baojian
    • Journal of the Korean Mathematical Society
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    • v.49 no.3
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    • pp.515-536
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    • 2012
  • This work focuses on the general decay stability of nonlinear stochastic differential equations with unbounded delay. A Razumikhin-type theorem is first established to obtain the moment stability but without almost sure stability. Then an improved edition is presented to derive not only the moment stability but also the almost sure stability, while existing Razumikhin-type theorems aim at only the moment stability. By virtue of the $M$-matrix techniques, we further develop the aforementioned Razumikhin-type theorems to be easily implementable. Two examples are given for illustration.

STATISTICAL CAUSALITY AND EXTREMAL MEASURES

  • Petrovic, Ljiljana;Valjarevic, Dragana
    • Bulletin of the Korean Mathematical Society
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    • v.55 no.2
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    • pp.561-572
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    • 2018
  • In this paper we consider the concept of statistical causality in continuous time between flows of information, represented by filtrations. Then we relate the given concept of causality to the equivalent change of measure that plays an important role in mathematical finance. We give necessary and sufficient conditions, in terms of statistical causality, for extremality of measure in the set of martingale measures. Also, we have considered the extremality of measure which involves the stopping time and the stopped processes, and obtained similar results. Finally, we show that the concept of unique equivalent martingale measure is strongly connected to the given concept of causality and apply this result to the continuous market model.

Existence and Non-Existence of Positive Solutions of BVPs for Singular ODEs on Whole Lines

  • LIU, YUJI;YANG, PINGHUA
    • Kyungpook Mathematical Journal
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    • v.55 no.4
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    • pp.997-1030
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    • 2015
  • This paper is concerned with integral type boundary value problems of second order singular differential equations with quasi-Laplacian on whole lines. Sufficient conditions to guarantee the existence and non-existence of positive solutions are established. The emphasis is put on the non-linear term $[{\Phi}({\rho}(t)x^{\prime}(t))]^{\prime}$ involved with the nonnegative singular function and the singular nonlinearity term f in differential equations. Two examples are given to illustrate the main results.

FIXED POINT THEOREMS IN ORDERED DUALISTIC PARTIAL METRIC SPACES

  • Arshad, Muhammad;Nazam, Muhammad;Beg, Ismat
    • Korean Journal of Mathematics
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    • v.24 no.2
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    • pp.169-179
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    • 2016
  • In this article, we introduce the concept of ordered dualistic partial metric spaces and establish an order relation on quasi dualistic partial metric spaces. Later on, using this order relation, we prove xed point theorems for single and multivalued mappings. We support our results with some illustrative examples.

CONVERGENCE RATE OF EXTREMES FOR THE GENERALIZED SHORT-TAILED SYMMETRIC DISTRIBUTION

  • Lin, Fuming;Peng, Zuoxiang;Yu, Kaizhi
    • Bulletin of the Korean Mathematical Society
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    • v.53 no.5
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    • pp.1549-1566
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    • 2016
  • Denote $M_n$ the maximum of n independent and identically distributed variables from the generalized short-tailed symmetric distribution. This paper shows the pointwise convergence rate of the distribution of $M_n$ to exp($\exp(-e^{-x})$) and the supremum-metric-based convergence rate as well.

An Improved Multilevel Fuzzy Comprehensive Evaluation to Analyse on Engineering Project Risk

  • LI, Xin;LI, Mufeng;HAN, Xia
    • The Journal of Economics, Marketing and Management
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    • v.10 no.5
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    • pp.1-6
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    • 2022
  • Purpose: To overcome the question that depends too much on expert's subjective judgment in traditional risk identification, this paper structure the multilevel generalized fuzzy comprehensive evaluation mathematics model of the risk identification of project, to research the risk identification of the project. Research design, data and methodology: This paper constructs the multilevel generalized fuzzy comprehensive evaluation mathematics model. Through iterative algorithm of AHP analysis, make sure the important degree of the sub project in risk analysis, then combine expert's subjective judgment with objective quantitative analysis, and distinguish the risk through identification models. Meanwhile, the concrete method of multilevel generalized fuzzy comprehensive evaluation is probed. Using the index weights to analyse project risks is discussed in detail. Results: The improved fuzzy comprehensive evaluation algorithm is proposed in the paper, at first the method of fuzzy sets core is used to optimize the fuzzy relation matrix. It improves the capability of the algorithm. Then, the method of entropy weight is used to establish weight vectors. This makes the computation process fair and open. And thereby, the uncertainty of the evaluation result brought by the subjectivity can be avoided effectively and the evaluation result becomes more objective and more reasonable. Conclusions: In this paper, we use an improved fuzzy comprehensive evaluation method to evaluate a railroad engineering project risk. It can give a more reliable result for a reference of decision making.

An analysis of the curriculum on inequalities as regions: Using curriculum articulation and mathematical connections (부등식의 영역 교육과정 분석: 고교-대학수학의 연계 및 수학적 연결성을 중심으로)

  • Lee, Song Hee;Lim, Woong
    • The Mathematical Education
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    • v.59 no.1
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    • pp.1-15
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    • 2020
  • In this paper, we analyzed curriculum materials on inequalities as regions. Constructs such as mathematical connections and curriculum articulation were used as a framework. As for articulation, our findings indicate the topic of inequalities as regions addresses meaningful subordinate mathematical thinking and skills that serve prerequisite to calculus. Regarding connections, mathematical concepts involving inequalities extend to multivariate calculus. One implication is, as an unintended consequence of curricular decision of 2015 Revised National Curriculum to teach the topic only in mathematical economics, students who plan to study STEM subjects in college but opt out of mathematics economics in high school may miss the key concept and naturally struggle to understand calculus especially the theory of multivariate function of calculus.

Trends and Tasks in Research on Didactic Transposition in Mathematics Education (교수학적 변환 연구의 동향과 과제)

  • Lee, Kyeong-Hwa
    • Journal of Educational Research in Mathematics
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    • v.26 no.2
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    • pp.173-188
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    • 2016
  • Research on didactic transposition in mathematics education has about 25-year and about 35-year long history in and out of Korea, respectively. This study attempts to investigate in trends of those research and to suggest tasks needed to be tackled. Major findings are followed. First, studies done in Korea tended to focus on the application of the didactic transposition theory for proving its effectiveness in understanding mathematics textbooks and mathematics lessons in-depth. It is suggested to conduct meta-analysis of the accumulated results or analysis of further applications of the didactic transposition theory to improve theoretical aspects of didactic transposition. Second, new categories for extreme teaching phenomenon were found and new typology in knowledge to be considered in the didactic transposition was developed in a few studies done in other subject matter education. Application of these to mathematics education may enhance research in didactic transposition of mathematical knowledge. Third, praxeology or a complex of praxeology for Korean school mathematics should be explored as did in other countries. Fourth, there have been rich attempts to link perspectives in didactic transposition to other perspectives or fields such as anthropology, human and education in technology era, praxeology theory in economics, epistemology in other countries but not in Korea. It is suggested to extend the scope of discussion on didactic transposition and to relate various concepts given in other disciplines. Fifth, clarification or negotiation of meaning for the main terms used in the discussion on didactic transposition such as personalization, contextualization, depersonalization, decontextualization, Topaze Effect, Meta-Cognitive Shift is suggested by comparing researchers' various descriptions or uses of the terms.