Stochastic three-state model with delay
Ordinary differential equations and systems with randomness (34F05) Stochastic functional-differential equations (34K50) Markov chains (discrete-time Markov processes on discrete state spaces) (60J10) Special processes (60K99) Auctions, bargaining, bidding and selling, and other market models (91B26) Stochastic models in economics (91B70)
A three-state discrete-time stochastic process with delay is studied. The optimal choice of the transition probabilities results in the cyclic structure of sample trajectories. This can be referred to as stochastic resonance. The model is analyzed with respect to the residence time hystograms \(h(u)\) for the system to be in each state for \(u\) consecutive steps. Finally, the model is applied to predict the yen-dollar currency exchange dynamics. See also \textit{T.~Ohira} and \textit{Y.~Sato} [Phys. Rev. Lett. 82, No. 14, 2811-2815 (1999)].
- On the stochastic and dependence properties of the three-state systems
- Stochastic delay Lotka--Volterra model
- Stochastic description of delayed systems
- Stochastic delay Lotka-Volterra model
- Stochastic delay Lotka-Volterra model
- Stochastic Lotka-Volterra models with multiple delays
- Steady State Analysis of Stochastic Systems with Multiple Time Delays
- Stochastic delay-differential equations
- Stochastic Lotka-Volterra model with infinite delay
- Dynamics of a delay differential equation with multiple state-dependent delays
This page was built for publication: Stochastic three-state model with delay
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q696696)
