Random linear-quadratic mathematical models: Computing explicit solutions and applications

This paper deals with the study of linear random population models and with a random logistic model (where parameters are random variables). Assuming appropriate conditions, the stochastic processes solutions are obtained under closed form using mean square calculus. Expectation and variance expressions for the stochastic processes solutions are given and illustrative examples are included.

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Year of publication:	2009
Authors:	Cortés, J.C. ; Jódar, L. ; Villafuerte, L.
Published in:	Mathematics and Computers in Simulation (MATCOM). - Elsevier, ISSN 0378-4754. - Vol. 79.2009, 7, p. 2076-2090
Publisher:	Elsevier
Subject:	Random linear population models \| Random logistic model \| Mean square calculus \| Random differential equation

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011051162