Stochastic models have become indispensable tools for understanding growth dynamics in complex systems. By incorporating randomness and uncertainty into the modelling framework, these methods provide ...

Stochastic dynamical systems arise in many scientific fields, such as asset prices in financial markets, neural activity in ...

This work develops application techniques for stochastic modeling of Active Galactic Nuclei (AGNs) variability as a probe of accretion disk physics. Stochastic models, specifically Continuous ...

The first-come, first-served (FCFS) stochastic matching model, where each server in an infinite sequence is matched to the first eligible customer from a second infinite sequence, developed from ...

Researchers examined problems related to the timing and scheduling of surgeries and patients' stays in recovery units. In ...

CLICK HERE TO DOWNLOAD THE PDFIgnacio Luján proposes a pricing framework for multi-asset derivatives based on the family of ...