We have shown that business cycles of say five to ten years appear naturally due to an instability. Though it is the right ...

We consider model selection and estimation in a context where there are competing ordinary differential equation (ODE) models, and all the models are special cases of a "full" model. We propose a ...

Chickenpox is a common acute and highly contagious disease in childhood; moreover, there is currently no targeted treatment. Carrying out an early warning on chickenpox plays an important role in ...

The research builds on the well-known Hawkes process, a model in which one event increases the likelihood of subsequent ...

In this paper, a partial differential equation model for the pricing of pension plans based on average salary is posed by using the dynamic hedging methodology. The existence and uniqueness of ...

Although the world in which we live in is non-linear, or multi-dimensional, engineers and scientists have long used linear mathematical formulas to create models to predict physical phenomena such as ...

Accounting for default risk in the valuation of financial derivatives has become increasingly important, especially since the 2007–8 financial crisis. Under some assumptions, the valuation of ...