STUDY ON THE EVOLUTION OF SOME FINANCIAL PRODUCTS BASED ON MARKOV CHAINS METHOD
In probability theory it is known that Markov chain is frequently used in order to predict the future situations. Moreover, Markov chain theory is used to study the change rules of the economic phenomenons, to describe consumers’ brand loyalty, in marketing for dynamic forecasts of market share, etc...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2016-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
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| Online Access: | http://anale.steconomiceuoradea.ro/volume/2016/n1/102.pdf |