| Article ID: | iaor20003237 |
| Country: | United Kingdom |
| Volume: | 38 |
| Issue: | 3/4 |
| Start Page Number: | 51 |
| End Page Number: | 59 |
| Publication Date: | Aug 1999 |
| Journal: | Computers & Mathematics with Applications |
| Authors: | Voudouri A.P., Moshakis J.I., Artikis P.T. |
| Keywords: | risk |
Stochastic discounting models have been proved very important for decision making under conditions of uncertainty in many applied fields. This paper is mainly devoted to the establishment of properties of a stochastic discounting model. The paper, also, provides applications of this model in assessing competing risks.