In this paper, the distribution of grazing animals around a resource point on a grassland was studied by using theories of stochastic process and differential equations. The resul...
In this paper, by using theories of stochastic process and differential equation, the authors systematically studied the distribution of grazing animals between two resource point...
This paper reviews the model of interactive Markov chains (IMCs, for short), an extension of labelled transition systems with exponentially delayed transitions. We show that IMCs a...
We consider the problem of pricing American options when the volatility of the underlying asset price is stochastic. No specific stochastic volatility model is assumed for the st...
Background: Periodic processes, such as the circadian rhythm, are important factors modulating and coordinating transcription of genes governing key metabolic pathways. Theoretica...
Andrey A. Ptitsyn, Sanjin Zvonic, Jeffrey M. Gimbl...