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Showing 1 to 1 of 1 for “"Price dynamics model with memory"”.
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Differential and numerical models of hysteretic systems with stochastic and deterministic inputs
Many deterministic models with hysteresis have been developed in the areas of economics, finance, terrestrial hydrology and biology. These models lack any stochastic element which can often have a strong effect in these areas. In this work stochastically driven closed loop systems with hysteresis …