Concatenated Processes in Commercial Business and in Global Economy

The paper deals with an application of theory stochastic processes on business practices and with consequences which the concatenated economic co-operation may have on the future economic growth. The aim of the paper is also to draw attention how the theory which is apparently applicable for solution of scientific problems can also be utilized in practical commercial and economic use. First, the necessary theoretical background will have been done and then some application examples will be given.

Provided by: Scientific Publishing Ltd. Topic: Big Data Date Added: Dec 2012 Format: PDF

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