General Definition of the Mean for Non-A dditive Variables

Authors

  • Vaclav Studeny

mean value, average, aggregate interest rate

Abstract

This short note aims to offer the conceptual approach to the definition of the mean value, with reection to the prewious very interesting attempts with the same goal. The definition is at once simple and powerfull and its advantage are demonstrated with aplications in financial mathematics. The definition of the man value involves the term objective function, which characterize the nature of object, which is taken to average.

How to Cite

General Definition of the Mean for Non-A dditive Variables. (2015). Global Journal of Science Frontier Research, 15(11), 37-47. https://journalofscience.org/index.php/GJSFR/article/view/

References

J. Aczel, J. Dhombres (1989) Aczel, J. and Dhombres, J., Functional Equations in Several Variables, Cambridge University Press, 1989. 13, 9780521352765.

D. Bullen, P. Mitrinovic, Vasic (1988) Means and Their Inequalities.

Patrick Billingsley (1995) Probability and Measure (Third ed.). 0-471.

(2013) Climate Change 2013: The Physical Science Basis. https://doi.org/10.1017/cbo9781107415324

Paul Levy (1937) Levy, Paul: Theorie de I' Addition des Variables ALeatoires, Paul Uvy.

General Definition of the Mean for Non-Additive Variables

Published

2015-03-23

How to Cite

General Definition of the Mean for Non-A dditive Variables. (2015). Global Journal of Science Frontier Research, 15(11), 37-47. https://journalofscience.org/index.php/GJSFR/article/view/