Stochastic models have become indispensable tools for understanding growth dynamics in complex systems. By incorporating randomness and uncertainty into the modelling framework, these methods provide ...

Simulation research derives new methods for the design, analysis, and optimization of simulation experiments. Research on stochastic models develops and analyzes models of systems with random behavior ...

Throughout recorded history, human society has lived with periodic epidemics and pandemics. Numerous disease outbreaks have led to death, societal upheaval, and economic disruption. Predicting how an ...