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Convergence of numerical solutions for a class of stochastic age-dependent capital system with random jump magnitudes

✍ Scribed by Zhang, Qimin; Rathinasamy, A.


Book ID
123082490
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
442 KB
Volume
219
Category
Article
ISSN
0096-3003

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Recently, numerical solutions of stochastic differential equations have received a great deal of attention. Numerical approximation schemes are invaluable tools for exploring their properties. In this paper, we introduce a class of stochastic age-dependent (vintage) capital system with Poisson jumps