3.9. Reanalyze Example 3.7, but suppose instead that the death rate n= n2 due to increased competition
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3.9. Reanalyze Example 3.7, but suppose instead that the death rate μn= βn2 due to increased competition for limited resources by larger populations of individuals. Use its Fokker–Planck equation to then argue that the corresponding SDE is approximately dN = (αN−βN2)dt+
αN+βN2dW.
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Related Book For
Elementary Calculus Of Financial Mathematics
ISBN: 978-0898716672
1st Edition
Authors: A. J. Roberts Edition
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