AccScience Publishing / IJOCTA / Volume 9 / Issue 2 / DOI: 10.11121/ijocta.01.2019.00602
RESEARCH ARTICLE

Hermite-Hadamard type inequalities for p-convex stochastic processes

Nurgul Okur1* Imdat Iscan2 Emine Yuksek Dizdar3
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1 Department of Statistics, Giresun University, Turkey
2 Department of Mathematics, Giresun University, Turkey
3 Institute of Sciences, Giresun University, Turkey
IJOCTA 2019, 9(2), 148–153; https://doi.org/10.11121/ijocta.01.2019.00602
Submitted: 10 April 2018 | Accepted: 26 January 2019 | Published: 19 March 2019
© 2019 by the Author(s). This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution -Noncommercial 4.0 International License (CC-by the license) ( https://creativecommons.org/licenses/by-nc/4.0/ )
Abstract

In this study are investigated p-convex stochastic processes which are extensions of convex stochastic processes. A suitable example is also given for this process. In addition, in this case a p-convex stochastic process is increasing or decreasing, the relation with convexity is revealed. The concept of inequality as convexity has an important place in literature, since it provides a broader setting to study the optimization and mathematical programming problems. Therefore, Hermite-Hadamard type inequalities for p-convex stochastic processes and some boundaries for these inequalities are obtained in present study. It is used the concept of mean-square integrability for stochastic processes to obtain the above mentioned results.

Keywords
p-convexity
Stochastic process
Hermite-Hadamard type inequality
Mean-square integralibility
Conflict of interest
The authors declare they have no competing interests.
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An International Journal of Optimization and Control: Theories & Applications, Electronic ISSN: 2146-5703 Print ISSN: 2146-0957, Published by AccScience Publishing