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Stochastic population dynamics under regime switching II
Authors:Qi Luo
Affiliation:a Department of Information and Communication, Nanjing University of Information Science and Technology, Nanjing 210044, China
b Department of Statistics and Modelling Science, University of Strathclyde, Glasgow G1 1XH, UK
Abstract:This is a continuation of our paper [Q. Luo, X. Mao, Stochastic population dynamics under regime switching, J. Math. Anal. Appl. 334 (2007) 69-84] on stochastic population dynamics under regime switching. In this paper we still take both white and color environmental noise into account. We show that a sufficient large white noise may make the underlying population extinct while for a relatively small noise we give both asymptotically upper and lower bound for the underlying population. In some special but important situations we precisely describe the limit of the average in time of the population.
Keywords:Brownian motion   Markov chain   Stochastic differential equation   Itô  's formula   Extinction   Average in time
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