Nonlinear Phenomena in Complex Systems, 2021, Vol.25, No.4, pp.405

NONLINEAR PHENOMENA IN COMPLEX SYSTEMS
An Interdisciplinary Journal

2022, Vol.25, No.4, pp.405 - 412

On One Approach to Mathematical Modeling of Socio-Economic Development of Regions

A. Zherelo, S. Chernogorsky, and K. Shvetsov

In this paper we use various methods of modeling of random processes to research the stochastic modification of the model of the controlled sustainable development of the region. Numerical experiments were carried out for the proposed model. The experimental results indicate a significant influence of randomness on the behavior of the system.

Key words: stochastic differential equation, stochastic system, stochastic Ito integral, mathematical modeling, Monte Carlo method, Milstein method

DOI: https://doi.org/10.33581/1561-4085-2022-25-4-405-412

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