scispace - formally typeset
Open AccessBook

Brownian motion and stochastic flow systems

Reads0
Chats0
TLDR
Brownian Motion as discussed by the authors : Brownian Motion is a model of buffered flow, and it can be used to control flow system performance, as shown in Fig. 1 : Optimal Control of Brownain Motion.
Abstract
Brownian Motion. Stochastic Models of Buffered Flow. Further Analysis of Brownian Motion. Stochastic Calculus. Regulated Brownian Motion. Optimal Control of Brownain Motion. Optimizing Flow System Performance. Appendixes. Index.

read more

Citations
More filters
Journal ArticleDOI

Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads

TL;DR: In this paper, the optimal capital structure of a firm that can choose both the amount and maturity of its debt is examined. But the assumption of infinite life debt is clearly restrictive, since bankruptcy is determined endogenously by the imposition of a positive net worth condition or by a cash flow constraint.
Journal ArticleDOI

Zipf's Law for Cities: An Explanation

TL;DR: In this paper, it was shown that, at least in the upper tail, all cities follow some proportional growth process (this appears to be verified empirically), which automatically leads their distribution to converge to Zipf's law.
Book

Network Calculus: A Theory of Deterministic Queuing Systems for the Internet

TL;DR: The application of Network Calculus to the Internet and basic Min-plus and Max-plus Calculus and Optimal Multimedia Smoothing and Adaptive and Packet Scale Rate Guarantees are studied.
Journal ArticleDOI

Term Structures of Credit Spreads with Incomplete Accounting Information

TL;DR: In this article, the authors study the implications of imperfect information for term structures of credit spreads on corporate bonds and derive the conditional distribution of the assets, given accounting data and survivorship.
Journal ArticleDOI

Portfolio selection with transaction costs

TL;DR: It is shown that the optimal buying and selling policies are the local times of the two-dimensional process of bank and stock holdings at the boundaries of a wedge-shaped region which is determined by the solution of a nonlinear free boundary problem.