Title: Applications of Poisson binomial random sums in systemics

Authors: Kostas Rontos, Constantinos T. Artikis

Addresses: Department of Sociology, University of Aegean, Alkaiou & Theofrastou Str., 81 100 Mytilene, Lesvos, Greece. ' Lamans s.a, Management Services, 56, 3rd Septembriou Str, 104 33 Athens, Greece

Abstract: Discrete and nonnegative random sums are generally considered as stochastic models with important applications in many practical disciplines. The present paper concentrates on establishing applications in the systemics of some discrete and nonnegative random sums. More precisely, it is shown that discrete and non-negative Poisson binomial random sums can contribute to the description, analysis and implementation of fundamental operations of systems arising in many important practical disciplines. It is also shown that such random sums are useful for providing essential support to systemic thinking. The paper interprets discrete and nonnegative Poisson binomial random sums as strong analytical tools for handling situations in several areas of systemics.

Keywords: systemics; random sums; risk management; quality; crisis; nonnegative random sums; system thinking; stochastic modelling; social responsiveness; emergency situations; emergency management.

DOI: 10.1504/IJASS.2011.042203

International Journal of Applied Systemic Studies, 2011 Vol.4 No.1/2, pp.65 - 70

Received: 08 Apr 2009
Accepted: 15 Jan 2010

Published online: 31 Aug 2011 *

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