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Bessel-like birth-death process
[article]
2019
arXiv
pre-print
We do consider models of the population or opinion dynamics which result in non-linear stochastic differential equations (SDEs) exhibiting spurious long-range memory. In this context, the correspondence between the description of birth-death processes as continuous-time Markov chains and continuous SDEs is of high importance for the alternatives of modeling. We propose and generalize Bessel-like birth-death process having clear representation by SDEs. The new process helps to integrate
arXiv:1904.13064v1
fatcat:iauljwkjwjfhvg2mzvxgbyf2qq