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Modeling Election Problem by a Stochastic Differential Equation
Faculty of Fundamental Science, Military Academy of Logistics, Hanoi, Vietnam
Faculty of Mathematics, Mechanics and Informatics, VNU University of Science, Hanoi, Vietnam
- 1 Faculty of Fundamental Science, Military Academy of Logistics, Hanoi, Vietnam
- 2 Faculty of Mathematics, Mechanics and Informatics, VNU University of Science, Hanoi, Vietnam
American Journal of Operations Research·Volume 08 (2018)·Pages 441–447·Published 29 October 2018·DOI10.4236/ajor.2018.86024
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Abstract
The proportion of the favorable among voters to a nominee might change over times and depend on different factors for example: talent, reputation, party and even name order on election. The unobservable factors which might have minor impacts on the approval rate are modelized by random elements. The approval rate is initially described by the differential equation and then by the random differential equation including the above unobservable factors. We figure out the formula of the solution for the stochastic differential equation and simulate these solutions to identify the changes of the approval rate over time.
KeywordsElectionStochastic Differential EquationIto’s Formula
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