The main aim of this article is to show the role structural stability in financial modelling; that is, a specific “no-arbitrage” property unaffected by small perturbations model’s dynamics. We prove under assumption, given convex compact-valued multifunction, there exists stochastic transition kernel with supports coinciding multifunction and one strong Feller strict sense. also demonstrate pre...

The design and performance of a continuous wave dual-frequency multifunction lidar system is presented. The system is based on the use of the nonlinear dynamics of an optically injected semiconductor laser. Under proper operating conditions, the laser emits a dual-frequency beam with a broadly tunable microwave separation. The two optical lines are coherently locked to each other using an exter...

in this paper, a new class of multifunctions, called generalized alpha (mu_{x};mu_{ y} )-continuous multifunctions, has been de ned and studied. some characterizations and severalproperties concerning generalized alpha (mu_{x};mu_{ y} )-continuous multifunctions are obtained. the re-lationships between generalized alpha (mu_{x};mu_{ y} )-continuous multifunctions and some known con-ce...

In this paper a condition number for linear-quadratic two-stage stochastic optimization problems is introduced as the Lipschitz modulus of the multifunction assigning to a (discrete) probability distribution the solution set of the problem. Being the outer norm of the Mordukhovich coderivative of this multifunction, the condition number canbe estimated fromabove explicitly in termsof the proble...

In this paper, the concept of completely N-continuous multifunction is defined and their basic characterizations and properties are obtained.