An important early example illustrating that stochastic kinetic models can describe important biological phenomena that cannot easily be understood using continuous deterministic models.

This paper reviews a stochastic approach to compartmental modeling. The need for stochasticity in the model is motivated by two examples, one concerned with vanadium depuration in marine organisms and ...

Equilibrium models in population biology have demonstrated that accurate predictions of species diversity can be made without reference to particular taxa. We have extended the use of equilibrium ...

Stochastic modeling is a tool used in investment decision making that uses random variables and yields numerous different results.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This study seeks to construct a basic reinforcement learning-based AI-macroeconomic simulator. We use a deep RL (DRL) ...