Brownian motion and stochastic flow systems. Wiley series inrprobability and mathematical statistics. Applied probability and statistics, ISSN. 0271-6232.Brownian motion is the seemingly random movement of particles suspended in a fluid or a. stochastic flow systems would be presented in this report.Harrison, J. Brownian motion and stochastic flow systems II. Originally published: New York : Wi...

The problem of steady Magnetohydrodynamic boundary layer flow of an electrically conducting nanofluid due to an exponentially permeable stretching sheet with heat source/sink in presence of thermal radiation is numerically investigated. The effect of transverse Brownian motion and thermophoresis on heat transfer and nano particle volume fraction considered. The governing partial differential eq...

In this paper we investigate the consequences of the choice of the model to partial hedging in incomplete markets in finance. In fact we consider two models for the stock price process. The first model is a geometric Lévy process in which the small jumps might have infinite activity. The second model is a geometric Lévy process where the small jumps are truncated or replaced by a Brownian motio...

We introduce a highly error resistant method of extracting Itô processes as applied to market data. This method is inspired by an AI method known as Hough transforms (HT). The HT method has been used in extracting geometric shape patterns from noisy and corrupted image data. We use this method to extract simultaneously logistic geometric Brownian motion trends from simulated price histories dat...