Stochastic analysis and modelling encapsulate a rich field that combines rigorous probability theory with analytical tools to capture and forecast the behaviour of systems influenced by inherent ...
Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.
In this paper, we propose a stochastic hybrid delay food chain model with harvesting (under catch-per-unit-effort hypothesis) and jumps in an impulsive polluted environment. First, we study some ...