A remark on multiobjective stochastic optimization via strongly convex functions

Many economic and financial applications lead (from the mathematical point of view) to deterministic optimization problems depending on a probability measure. These problems can be static (one stage), dynamic with finite (multistage) or infinite horizon, single objective or multiobjective.We focus on one-stage case in multiobjective setting. Evidently, well known results from the deterministic optimization theory can be employed in the case when the “underlying” probabilitymeasure is completely known. The assumption of a complete knowledge of the probability measure is fulfilled very seldom.Consequently, we havemostly to analyze themathematicalmodels on the data base to obtain a stochastic estimate of the corresponding “theoretical” characteristics. However, the investigation of these estimates has been done mostly in one-objective case. In this paper we focus on the investigation of the relationship between “characteristics” obtained on the base of complete knowledge of the probability measure and estimates obtained on the (above mentioned) data base, mostly in the multiobjective case. Consequently we obtain also the relationship between analysis (based on the data) of the economic process characteristics and “real” economic process. To this end the results of the deterministic multiobjective optimization theory and the results obtained for stochastic one objective problems will be employed.