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Markov Chains with Asymptotically Zero Drift

Markov Chains with Asymptotically Zero Drift

1.303 kr.

1.303 kr.

På lager

Tors., 10 juli - ons., 16 juli


Sikker betaling

14 dages åbent køb


Sælges og leveres af

Adlibris

Produktbeskrivelse

This text examines Markov chains whose drift tends to zero at infinity, a topic sometimes labelled as 'Lamperti's problem'. It can be considered a subcategory of random walks, which are helpful in studying stochastic models like branching processes and queueing systems. Drawing on Doob's h-transform and other tools, the authors present novel results and techniques, including a change-of-measure technique for near-critical Markov chains. The final chapter presents a range of applications where these special types of Markov chains occur naturally, featuring a new risk process with surplus-dependent premium rate. This will be a valuable resource for researchers and graduate students working in probability theory and stochastic processes.

Varenr.

2856ab9d-7bac-5b16-879a-97a284932869

Markov Chains with Asymptotically Zero Drift

1.303 kr.

1.303 kr.

På lager

Tors., 10 juli - ons., 16 juli


Sikker betaling

14 dages åbent køb


Sælges og leveres af

Adlibris