The study of the Cahn-Hilliard equation has long provided a robust framework for modelling phase separation in binary mixtures, with applications spanning materials science, tumour growth, and ...
Traffic modeling has been of interest to mathematicians since the 1950s. Research in the area has only grown as road traffic control presents an ever-increasing problem. In a new paper, authors ...
Without resorting to dynamic programming, we determine the decumulation strategy for the holder of a defined contribution pension plan. We formulate this as a constrained stochastic optimal control ...