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Based on the BBV model [A. Barrat, M. Barthelemy, A. Vespignani, Phys. Rev. Lett. 92 (22) (2004)], we propose a weighted group preferential model, which is generated by the group preferential mechanism. We derive analytically the various statistical properties, such as the distribution of...
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The long-term interest rates, for example, determine when homeowners refinance their mortgages in mortgage pricing, play a dominant role in life insurance, decide when one should exchange a long bond to a short bond in pricing an option. In this paper, for a one-factor model, we reveal that the...
Persistent link: https://www.econbiz.de/10011046567
In this work, we are concerned with neutral stochastic differential delay equations with Markovian switching (NSDDEwMSs). We derive sufficient conditions for stability in distribution and generalize some results of Basak et al. and Yuan et al. to cover a class of much more general...
Persistent link: https://www.econbiz.de/10005023219
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