In this thesis, we study simple stochastic models that show rich and interesting behavior. The plan of the thesis is as follows: after a brief introduction and overview of the work in Chapter 1, Chapter 2 begins with a ...
This project attempts to study an inhomogeneous terminal-value problem related to the
option pricing PDE in a MMGBM model. This problem has not been studied before, to
the best of our knowledge. To begin with, the problem ...
The evolution of microbial populations is very interesting to humans for various reasons such as the use of microbes to produce new medicines and to manufacture edible products, gut microbes play role in human health, and ...