..., and various force asymmetries, thereby enabling the modeling of engagements between conventional and terrorist forces. Specifically, a family of diffusion processes is proposed to capture the terrorists' progress toward destroying a target, and provide a method for explicitly calculating the probability...

... and write the diffusion process of an individual insured's wealth as: Equation 1 where: W(t) denotes the insured's cumulative wealth to time t; C(t) denotes the insured's consumption rate at time t; L(t) denotes the insured's expected incurred loss...