Results 11 to 20 of about 1,070 (159)
Non-Homogeneous Semi-Markov and Markov Renewal Processes and Change of Measure in Credit Risk [PDF]
Mathematics, 2020 For a G-inhomogeneous semi-Markov chain and G-inhomogeneous Markov renewal processes, we study the change from real probability measure into a forward probability measure.
P.-C.G. Vassiliou
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A Semi-Markov Model with Geometric Renewal Processes
Methodology and Computing in Applied Probability, 2023 Abstract We consider a system modeled by a semi-Markov process where we include geometric renewal process for sojourn times. Pérez-Ocón and Torres-Castro first study this system [1]. In our work here we consider an extended state space for up and down times separately. This allows us to use the standard theory for semi-Markov processes in order
Mitra Fouladirad +2 more
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Controlled Discrete-Time Semi-Markov Random Evolutions and Their Applications
Mathematics, 2021 In this paper, we introduced controlled discrete-time semi-Markov random evolutions. These processes are random evolutions of discrete-time semi-Markov processes where we consider a control. applied to the values of random evolution.
Anatoliy Swishchuk, Nikolaos Limnios
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Limit Theorems for Semi-Markov Processes and Renewal Theory for Markov Chains
Annals of Probability, 1978 With any Harris-recurrent Markov chain one can associate a sequence of random times at which the chain has the same distribution, and the chain can thereby be shown to be equivalent to one having a recurrence point. This idea makes available a regeneration scheme for such chains, which is exploited in this paper to prove the ergodic theorem for semi ...
K B Athreya, P Ney
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Semi-Markov Model of the System of Repairs and Preventive Replacements by Age of City Buses
Applied Sciences, 2021 The paper presents a mathematical model of the system of repairs and preventive replacements by age of city buses. The mathematical model was developed using the theory of semi-Markov processes.
Klaudiusz Migawa +3 more
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A Markov regenerative process with recurrence time and its application
Financial Innovation, 2021 This study proposes a non-homogeneous continuous-time Markov regenerative process with recurrence times, in particular, forward and backward recurrence processes. We obtain the transient solution of the process in the form of a generalized Markov renewal
Puneet Pasricha, Dharmaraja Selvamuthu
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On the tail decay of M/G/1-type Markov renewal processes [PDF]
, 2008 The tail decay of M/G/1-type Markov renewal processes is studied. The Markov renewal process is transformed into a Markov chain so that the problem of tail decay is reformulated in terms of the decay of the coefficients of a suitable power ...
Bini, Dario A. +2 more
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MATEC Web of Conferences, 2018 In the article a common semi-Markov mathematical model is considered that allows one to investigate the productivity and reliability of various technological processes of mechanical assembly production.
Rapatskiy Yuri +5 more
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Markov chains conditioned never to wait too long at the origin [PDF]
, 2009 Motivated by Feller's coin-tossing problem, we consider the problem of conditioning an irreducible Markov chain never to wait too long at 0. Denoting by τ the first time that the chain, X, waits for at least one unit of time at the origin, we consider ...
Jacka, Saul D.
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The Renewal Process Generated By Return Times of Semi-Markov Process in Reliability Models [PDF]
Journal of KONBiN, 2017 Abstract The renewal process generated by the return times of semi-Markov process to a given state is considered in the paper. The return time to a state j and also a first passage time from a given state i to the state j of semi-Markov process are basic concepts that are used to determine this process.
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