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Numerical methods for fractional Fokker–Planck equation with multiplicative Marcus Lévy noises (in EN)

Journal Article · · Stochastics and Dynamics

The Fokker–Planck equation (FPE) is an important deterministic tool for investigating stochastic dynamical systems. In this paper, we consider the space-time fractional FPE driven by multiplicative Marcus Lévy noises. Efficient numerical schemes are presented to solve the equations. Stability and convergence of the methods are also discussed. We give some numerical experiments to validate our schemes, and examine the effects of parameters on solutions. Additionally, we analyze the maximal likely trajectories and the critical time for the change of the most probability location.

Research Organization:
Illinois Institute of Technology, Chicago, IL (United States)
Sponsoring Organization:
USDOE Office of Science (SC)
DOE Contract Number:
SC0022276
OSTI ID:
2580079
Journal Information:
Stochastics and Dynamics, Journal Name: Stochastics and Dynamics Journal Issue: 01 Vol. 24; ISSN 0219-4937
Publisher:
World Scientific
Country of Publication:
United States
Language:
EN

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