Dynamics of a stochastic HIV/AIDS model with treatment under regime switching

Stochastic Functional Differential Equation under Regime Switching

We discuss stochastic functional differential equation under regime switching dx t f xt, r t , t dt q r t x t dW1 t σ r t |x t |βx t dW2 t . We obtain unique global solution of this system without the linear growth condition; furthermore, we prove its asymptotic ultimate boundedness. Using the ergodic property of the Markov chain, we give the sufficient condition of almost surely exponentially ...

Dynamics of Entrepreneurship under Regime Switching

We propose a tractable model of entrepreneur dynamics where the investment conditions are stochastic. Applying the approach of stochastic control and optimization, we solve the dynamics of the entrepreneur’s optimal investment, consumption and portfolio allocation under regime switching. We find that the interactions of precautionary savings and liquidation boundary advance/postpone motives gen...

Time delay model for the stochastic volatility with regime switching

Asymptotic properties of a stochastic Gilpin-Ayala model under regime switching

In this paper, we consider a stochastic Gilpin-Ayala population model with Markovian switching and white noise. All parameters are influenced by stochastic perturbations. We analyze the existence of global positive solution, asymptotic stability in probability, pth moment exponential stability, extinction, weak persistence, stochastic permanence and stationary distribution of the model, which g...

The Optimal Harvesting of a Stochastic Gilpin-Ayala Model Under Regime Switching

In this paper, we consider a stochastic Gilpin-Ayala model under regime switching. Obtain the optimal harvesting effort and the maximum sustained yield by investigating the condition of average boundness of the system, and the ergodicity of the Markov chain. Also, through an example, we have proved our conclusion.