Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.

In this paper, we propose a stochastic hybrid delay food chain model with harvesting (under catch-per-unit-effort hypothesis) and jumps in an impulsive polluted environment. First, we study some ...

The standard framework for modeling stochastic choice, the random utility model, is agnostic about the temporal dynamics of the decision process. In contrast, a general class of bounded accumulation ...