In this work, we propose an alternative stochastic model for the fundamental diagram of traffic flow with minimal number of parameters. Our approach is based on a mesoscopic viewpoint of the traffic system in terms of the ...

In this paper, we consider the stochastic optimal control problem of discrete-time linear systems subject to Markov jumps and multiplicative noises under two criteria. The first one is an unconstrained mean-variance trade-off ...

The objective of the present work is to propose a numerical and statistical approach, using computational fluid dynamics, for the study of the atmospheric pollutant dispersion. Modifications in the standard k-epsilon ...

In this paper, we deal with a generalized multi-period mean-variance portfolio selection problem with market parameters Subject to Markov random regime switchings. Problems of this kind have been recently considered in the ...

This paper considers the pathwise oscillatory behaviour of the scalar nonlinear stochastic dif- ference equation X(n + 1) = X(n) − F (X(n)) + G(n, X(n))ξ(n + 1), n = 0, 1, . . . , with non-random initial value X0 . Here ...

The equations and extrapolation use to localities whose characteristics of soil and climate, even if partial, distinguish the town to which they were generated, still permeate in studies to estimate the rainfall erosivity ...

The equations and extrapolation use to localities whose characteristics of soil and climate, even if partial, distinguish the town to which they were generated, still permeate in studies to estimate the rainfall erosivity ...