Affine processes provide a versatile framework for modelling complex financial phenomena, ranging from interest rate dynamics to credit risk and beyond. Their defining characteristic is the affine, or ...

The paper investigates stochastic processes directed by a randomized time process. A new family of directing processes called Hougaard processes is introduced. Monotonicity properties preserved under ...

This paper develops a dynamic model of voluntary affiliation which describes the flow of individuals into and out of organizations over time. The model is a simple stochastic process model, developed ...

Such approximations are often derived in the field of stochastic mathematical modeling because simulations of the stochastic process are inefficient to address such questions as optimum treatment ...

Simulation research derives new methods for the design, analysis, and optimization of simulation experiments. Research on stochastic models develops and analyzes models of systems with random behavior ...

Bernice Asantewaa Kyere on modeling that immediately caught my attention. The paper titled “A Critical Examination of Transformational Leadership in Implementing Flipped Classrooms for Mathematics ...