Laplace Distribution and Probabilistic (Bi) in Linear Programming Model

Authors

• Ali Khaleel T. AL-Zubiadi, Supervision & Scientific Evaluation, Ministry Of Higher Education And Scientific Research, Iraq.

Abstract

The theory of probabilistic programming may be conceived in several different ways. As a method of programming it analyses the implications of probabilistic variations in the parameter space of linear or nonlinear programming model. The generating mechanism of such probabilistic variations in the economic models may be due to incomplete information about changes in demand, pro­duction and technology, specification errors about the econometric relations presumed for different economic agents, uncertainty of various sorts and the consequences of imperfect aggregation or disaggregating of economic variables. In this Research we discuss the probabilistic programming problem when the coefficient bi is random variable with given Laplace distribution.

DOI

10.33095/jeas.v17i61.1090

Subject Area

Statistical

First Page

20

Last Page

29

Recommended Citation

T. AL-Zubiadi, A. K. (2011). Laplace Distribution and Probabilistic (Bi) in Linear Programming Model. Journal of Economics and Administrative Sciences, 17(61), 20-29. https://doi.org/10.33095/jeas.v17i61.1090