4 papers · 1 filter
Normalized Fractional Order Entropy-Based Decision-Making Models under Risk
Poulami Paul, Chanchal Kundu
Constructing efficient portfolios requires balancing expected returns with risk through optimal stock selection, while accounting for investor preferences. In a recent work by Paul…
Quantile-based Fractional Generalized Cumulative Past Entropy
Poulami Paul, Chanchal Kundu
Uncertainty in past lifetime distributions and the timing of inactivity in systems and their components can be effectively measured using the fractional generalized cumulative past…
Fractional order entropy-based decision-making models under risk
Poulami Paul, Chanchal Kundu
The construction of an efficient portfolio with a good level of return and minimal risk depends on selecting the optimal combination of stocks. This paper introduces a novel decisi…
Fractional differential entropy and its application in modeling one-dimensional flow velocity
Poulami Paul, Chancal Kundu
The fractional order generalization of Shannon entropy proposed by Ubriaco has been studied for discrete distributions. In the current paper, we conduct a detailed study of the con…