For this system, the initial values for the concentrations are derived from equilibrium considerations (as a function of parameters) or are provided as known values. The experiment used to collect the ...

An important class of nonlinear models involves a dynamic description of the response rather than an explicit description. These models arise often in chemical kinetics, pharmacokinetics, and ...

In this paper, a partial differential equation model for the pricing of pension plans based on average salary is posed by using the dynamic hedging methodology. The existence and uniqueness of ...