Solving Riccati time-dependent models with random quadratic coefficient

This paper deals with the construction of approximate solutions of a random logistic differential equation whose nonlinear coefficient is assumed to be an analytic stochastic process and the initial condition is a random variable. Applying p-mean stochastic calculus, the nonlinear equation is transf...

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Detalles Bibliográficos
Autores: Cortés, J.-C.|||0000-0002-6528-2155, Jódar Sánchez, Lucas Antonio|||0000-0002-9672-6249, Company Rossi, Rafael|||0000-0001-5217-1889, Villafuerte Altuzar, Laura
Tipo de recurso: artículo
Fecha de publicación:2011
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/62893
Acceso en línea:https://riunet.upv.es/handle/10251/62893
Access Level:acceso abierto
Palabra clave:P-mean stochastic calculus
Random logistic differential equation
Random power series solution
Analyticity
Approximate solution
Initial conditions
Linear problems
Monte Carlo Simulation
Nonlinear coefficient
Nonlinear problems
Power series solutions
Quadratic coefficients
Stochastic calculus
Stochastic process
Time-dependent models
Calculations
Computer simulation
Differential equations
Differentiation (calculus)
Monte Carlo methods
Nonlinear equations
Random processes
Stochastic models
Stochastic systems
Random variables
MATEMATICA APLICADA
Descripción
Sumario:This paper deals with the construction of approximate solutions of a random logistic differential equation whose nonlinear coefficient is assumed to be an analytic stochastic process and the initial condition is a random variable. Applying p-mean stochastic calculus, the nonlinear equation is transformed into a random linear equation whose coefficients keep analyticity. Next, an approximate solution of the nonlinear problem is constructed in terms of a random power series solution of the associate linear problem. Approximations of the average and variance of the solution are provided. The proposed technique is illustrated through an example where comparisons with respect to Monte Carlo simulations are shown. © 2011 Elsevier Ltd. All rights reserved.