We propose nonparametric tests for the null hypothesis of time stochastic dominance. Time dominance makes a partial order different prospects over based on net present value criteria general utility and discount function classes. For example, can be used ranking investment strategies or environmental policies expected future benefits. consider an Lp-type test statistic derive its large sample d...

it is known that a stochastic dierential equation (sde) induces two probabilisticobjects, namely a diusion process and a stochastic ow. while the diusion process isdetermined by the innitesimal mean and variance given by the coecients of the sde,this is not the case for the stochastic ow induced by the sde. in order to characterize thestochastic ow uniquely the innitesimal covariance give...

in this paper, we present the numerical solution of ordinary dierential equations (or sdes), from each order especially second-order with time-varying and gaussian random coecients. we indicate a complete analysis for second-order equations in special case of scalar linear second-order equations (damped harmonic oscillators with additive or multi- plicative noises). making stochastic dierent...

drought is a gradual phenomenon and cause important changes in water resources, agriculture and so on. due to the stochastic behavior of factors that influence the occurrence and intense of drought, one can consider this phenomenon as a stochastic process. with respect to the importance of predicted drought severity and its vital influence in designing and operating water resources systems, thi...