Considerations on the stochastic approach in economics

This paper presents several views on stochastic aspects in economic modeling. The authors analyzed the necessity of stochastic approach in economics, they described the specificity of stochastic models in this field and they presented the premises of this approach as well as the tools used. An an...

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Bibliographic Details
Main Authors: Ion Smeureanu, Gheorghe Ruxanda
Format: Article
Language:English
Published: Academy of Economic Studies of Bucharest 2013-06-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1209