Affine processes provide a versatile framework for modelling complex financial phenomena, ranging from interest rate dynamics to credit risk and beyond. Their defining characteristic is the affine, or ...
# ☢️ Stochastic Simulation of Probabilistic Decay Pathways Using Discrete Monte Carlo Sampling This project simulates radioactive decay as a stochastic process using discrete-time Monte Carlo sampling ...
Abstract: The inductive miner, a popular process discovery algorithm, issues a workflow net (WN) model by translation of an intermediate process tree (PT) representation, obtained from the considered ...
Abstract: This paper proposes a stochastic process based remaining useful life (RUL) prediction method for hybrid systems in the presence of intermittent fault. The failure of an intermittently faulty ...