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Introducing a novel mean-reverting Ornstein–Uhlenbeck process based stochastic epidemic model - Scientific Reports
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The major objective of this paper is to examine a novel mean-reverting Ornstein–Uhlenbeck process-based stochastic SIRD model for transmission the epidemic disease that is a great crisis in numerous societies. For this purpose, the deterministic model is further converted into the stochastic form by allowing the infection rate satisfies the mean-reverting Ornstein–Uhlenbeck process to account the uncertainties involved in epidemic spread.
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