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Markov Chains with Asymptotically Zero Drift
-1 %

Markov Chains with Asymptotically Zero Drift

1 775 kr

1 775 kr

Tidligere laveste pris:

1 785 kr

På lager

Fr., 4 juli - to., 10 juli


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

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.

Artikkel nr.

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

Markov Chains with Asymptotically Zero Drift

1 775 kr

1 775 kr

Tidligere laveste pris:

1 785 kr

På lager

Fr., 4 juli - to., 10 juli


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris