2019
DOI: 10.1140/epjp/i2019-12603-5
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Interplay of sources of stochastic noise in a resource-based model

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Cited by 5 publications
(4 citation statements)
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“…[ 15 , 17 , 18 ], we suppose that money cannot actually be produced (the total money balance remains constant) and, therefore, use the term “resource acquisition rate” rather than “resource production rate.” The former term was used, in particular, in Ref. [ 46 ] to describe a rate at which the agents acquire resources from the environment in a stochastic resource-based model.…”
Section: Basic Equations For An Epidemic-resource Systemmentioning
confidence: 99%
See 1 more Smart Citation
“…[ 15 , 17 , 18 ], we suppose that money cannot actually be produced (the total money balance remains constant) and, therefore, use the term “resource acquisition rate” rather than “resource production rate.” The former term was used, in particular, in Ref. [ 46 ] to describe a rate at which the agents acquire resources from the environment in a stochastic resource-based model.…”
Section: Basic Equations For An Epidemic-resource Systemmentioning
confidence: 99%
“…The former term was used, in particular, in Ref. [46] to describe a rate at which the agents acquire resources from the environment in a stochastic resource-based model.…”
Section: Basic Equations For An Epidemic-resource Systemmentioning
confidence: 99%
“…The former term was used, in particular, in Ref. [37] to describe a rate at which the agents acquire resources from the environment in a stochastic resource-based model.…”
Section: Basic Equations For An Epidemic-resource Systemmentioning
confidence: 99%
“…In particular, while Schutz et al's solu-Typeset by REVT E X tion [46] for SIR interactions on a chain with homogeneous initial conditions is a notable exception, typically analytical solutions for any fluctuation-based phenomena associated with SIR systems are absent and more complex numerical approaches are required. For the coarsergrained stochastic differential equation framework, computations typically use Euler-Maruyama [35,47], implicit Euler [38,42], or Milstein [47,48] methods, while for models capable of resolving at the level of the individual one finds numerical techniques based on Gillespie's algorithm [49,50] or direct Monte Carlo simulation [18,22] (see, also, [51]). However, these computational frameworks necessitated by the modelling at the resolution of the individual are not generally amenable to likelihood maximisation or Bayesian inference.…”
Section: Introductionmentioning
confidence: 99%