Existence of Random Measures Consistency Conditions for a Prospective Family
A random measure is a probability measure on a measurable space that is itself a random element of another probability space. In other words, a random measure is a probability distribution on the space of all measures on a given measurable space. In this paper, we show that mild consistency conditions on a prospective family of fidis suffice to guarantee the existence of a random measure having those fidis. The existence of classical random measures is supported by the Hausdorff measure. Random measures are defined most often as mappings from an interval onto a probability space, although they can also be defined as functions over certain spaces or as generalized densities of measurable sets. The probability measure on the first set is called a condition for this family of families.
Authors
- Pushkar Jha (ORCID: https://orcid.org/0000-0001-9140-1288)
- Vishwa Prakash Jha (ORCID: https://orcid.org/0000-0002-6434-6620)
Publication Details
- Journal
- International journal of engineering and science invention
- Published
- 2024-10-01
- DOI
- https://doi.org/10.35629/6734-13103135
- Primary Topic
- Insurance, Mortality, Demography, Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00