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Analytical and Computational Study of Economic Dynamical Processes by Methods of Wave Dynamics


  • Bagdoev, Alexsander
  • Vardanyan, Sedrak
  • Karapetyan, Diana
  • Martirosyan, Hegnar


By methods of wave dynamics nonlinear equations for economic dynamical processes are derived. They deal both with the transition probabilities of Markov diffusion processes and the ones of random functions values. By using the mean curves of variations of random functions values with respect to time the nonlinear equations coefficients are ob-tained. Analytic and numerical solutions for several economic problems, such as the Black-Sholes precise bonds dynam-ics problem and others are found

Suggested Citation

  • Bagdoev, Alexsander & Vardanyan, Sedrak & Karapetyan, Diana & Martirosyan, Hegnar, 2009. "Analytical and Computational Study of Economic Dynamical Processes by Methods of Wave Dynamics," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 13(1), pages 50-69.
  • Handle: RePEc:ris:apltrx:0116

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    References listed on IDEAS

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    More about this item


    Markov diffusion processes; Black-Scholes model;

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics


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