This paper is concerned with the determination of tight lower and upper bounds on the expectation of a convex function of a random variable. The classic bounds are those of Jensen and ...
In this paper, convergence of series and almost sure convergence are established for weighted random variables under a sub-linear expectation space. Our results are very extensive versions which ...
The Monte Carlo simulation technique, named for the famous Monaco gambling resort, originated during World War II as a way to model potential outcomes from a random chain of events. It is particularly ...