Markov dilation of diffusion type processes and its application to the financial mathematics.
Tevzadze, R. (1999)
Georgian Mathematical Journal
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Tevzadze, R. (1999)
Georgian Mathematical Journal
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Anja Voss-Böhme (2011)
Kybernetika
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For general interacting particle systems in the sense of Liggett, it is proven that the class of cylinder functions forms a core for the associated Markov generator. It is argued that this result cannot be concluded by straightforwardly generalizing the standard proof technique that is applied when constructing interacting particle systems from their Markov pregenerators.
Takeda, Masayoshi (2010)
Electronic Communications in Probability [electronic only]
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Ł. Stettner (1991)
Colloquium Mathematicae
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Doisy, M. (2000)
Journal of Applied Mathematics and Decision Sciences
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Wiesław Dziubdziela (1997)
Applicationes Mathematicae
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We present a stochastic model which yields a stationary Markov process whose invariant distribution is maximum stable with respect to the geometrically distributed sample size. In particular, we obtain the autoregressive Pareto processes and the autoregressive logistic processes introduced earlier by Yeh et al
Joachim Domsta, Franciszek Grabski (1995)
Applicationes Mathematicae
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Let , n ∈ N, be a sequence of homogeneous semi-Markov processes (HSMP) on a countable set K, all with the same initial p.d. concentrated on a non-empty proper subset J. The subrenewal kernels which are restrictions of the corresponding renewal kernels on K×K to J×J are assumed to be suitably convergent to a renewal kernel P (on J×J). The HSMP on J corresponding to P is assumed to be strongly recurrent. Let [; j ∈ J] be the stationary p.d. of the embedded Markov chain. In terms of...
Evgueni Gordienko, Onésimo Hernández-Lerma (1995)
Applicationes Mathematicae
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This paper shows the convergence of the value iteration (or successive approximations) algorithm for average cost (AC) Markov control processes on Borel spaces, with possibly unbounded cost, under appropriate hypotheses on weighted norms for the cost function and the transition law. It is also shown that the aforementioned convergence implies strong forms of AC-optimality and the existence of forecast horizons.
Nagahata, Yukio, Yoshida, Nobuo (2010)
Electronic Communications in Probability [electronic only]
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Magdalena Chrapek, Jadwiga Dudkiewicz, Wiesław Dziubdziela (1997)
Applicationes Mathematicae
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Asymptotic properties of the kth largest values for semi-Pareto processes are investigated. Conditions for convergence in distribution of the kth largest values are given. The obtained limit laws are represented in terms of a compound Poisson distribution.