From Random Partitions to Self-Similar Processes
Abstract
Nowadays when modeling real-life phenomena, in many areas stochastic methods have become more and more popular in addition to traditional methods based on deterministic ordinary differential equations and partial differential equations. Here modeling means to propose a mathematical model that could reproduce complex behavior reflexed by empirical data. Broadly speaking, stochastic modeling usually consists of twosteps. The first is to construct a probability model that represent certain important features of the phenomena of interest. In this step, the features of interest, or more essentially the underlying dynamics, are determined by a set of parameters of the model constructed.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 19, 2019
- Accession Number
- AD1097148
Entities
People
- Yizao Wang
Organizations
- University of Cincinnati