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Multivariate Generalized Counting Process via Gamma Subordination

Probability 2026-01-01 v1

Abstract

In this paper, we study a multivariate gamma subordinator whose components are independent gamma processes subject to a random time governed by an independent negative binomial process. We derive the explicit expressions for its joint Laplace-Stieltjes transform, its probability density function and the associated governing differential equations. Also, we study a time-changed variant of the multivariate generalized counting process where the time is changed by an independent multivariate gamma subordinator. For this time-changed process, we obtain the corresponding L\'evy measure and probability mass function. Later, we discuss an application of the time-changed multivariate generalized counting process to a shock model.

Keywords

Cite

@article{arxiv.2512.25030,
  title  = {Multivariate Generalized Counting Process via Gamma Subordination},
  author = {Manisha Dhillon and Kuldeep Kumar Kataria and Shyan Ghosh},
  journal= {arXiv preprint arXiv:2512.25030},
  year   = {2026}
}
R2 v1 2026-07-01T08:47:13.905Z