Reaction-diffusion equations underpin the modelling of a vast array of natural and engineered phenomena, ranging from the spread of invasive species and epidemic outbreaks to phase transitions in ...
“However, to compare model predictions with empirical observations, one needs to study the diffusion equation in finite space. Despite the work of illustrious scientists such as Smoluchowski, Pólya, ...
The new developments are the SJVJD model with double-uniform jump-amplitude distributions and time-varying market parameters for the optimal portfolio problem. Although unlimited borrowing and ...