application to ruin problem for the classical risk process via Gerber's martingale approach; Markov processes: Kolmogorov equations, solution of those in simple cases, stochastic semigroups, birth and ...

The total value of an artist’s artworks sold at auction over a specific period. This metric reflects the artist’s overall market activity and demand in monetary terms. The middle value of all realized ...

Abstract: In water resources planning and management, stochastic modeling and simulation of hydrologic time series has been widely used for various purposes including decision making and project ...

This important work presents a stochastic branching process model of tumour-immune coevolution, incorporating stochastic antigenic mutation accumulation and escape within the cancer cell population.

Title: Unifying incidence and prevalence under a time-varying general branching process Abstract: In epidemiology, renewal equations are a popular approach used in modelling the number of new ...