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 ...

Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.

Web servers have to be protected against overload since overload can lead to a server breakdown, which in turn causes high response times and low throughput. In this paper, a stochastic model for ...

Crane, D. B. "A Stochastic Programming Model for Commercial Bank Bond Portfolio Management." Journal of Financial and Quantitative Analysis 6, no. 3 (June 1971).