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In this article we consider an aggregate loss model with dependent losses. The losses occurrence process is governed by a two-state Markovian arrival process (MAP2), a Markov renewal process process that allows for (1) correlated…

Risk Management · Quantitative Finance 2024-02-06 Pepa Ramírez-Cobo , Emilio Carrizosa , Rosa Elvira Lillo

We consider Markov processes, which describe e.g. queueing network processes, in a random environment which influences the network by determining random breakdown of nodes, and the necessity of repair thereafter. Starting from an explicit…

Probability · Mathematics 2015-03-03 H. Daduna , R. Szekli

We consider time-changed Poisson processes, and derive the governing difference-differential equations (DDE) these processes. In particular, we consider the time-changed Poisson processes where the the time-change is inverse Gaussian, or…

Probability · Mathematics 2011-10-14 A. Kumar , Erkan Nane , P. Vellaisamy

This paper is concerned with a compositional approach for constructing finite Markov decision processes of interconnected discrete-time stochastic control systems. The proposed approach leverages the interconnection topology and a notion of…

Systems and Control · Computer Science 2017-12-22 Abolfazl Lavaei , Sadegh Soudjani , Majid Zamani

We introduce and study a multiparameter version of the generalized counting process (GCP), where there is a possibility of finitely many arrivals simultaneously. We call it the multiparameter GCP. In a particular case, it is uniquely…

Probability · Mathematics 2025-10-06 Manisha Dhillon , Kuldeep Kumar Kataria

We apply general moment identities for Poisson stochastic integrals with random integrands to the computation of the moments of Markovian growth-collapse processes. This extends existing formulas for mean and variance available in the…

Probability · Mathematics 2021-03-09 Nicolas Privault

In recent years a huge interdisciplinary field has emerged which is devoted to the complex dynamics of anomalous transport with long-time memory and non-markovian features. It was found that the framework of fractional calculus and its…

Probability · Mathematics 2022-04-27 Thomas M. Michelitsch , Federico Polito , Alejandro P. Riascos

Large fluctuations have received considerable attention as they encode information on the fine-scale dynamics. Large deviation relations known as fluctuation theorems also capture crucial nonequilibrium thermodynamical properties. Here we…

Statistical Mechanics · Physics 2010-12-09 David Andrieux

It is our intention to provide via fractional calculus a generalization of the pure and compound Poisson processes, which are known to play a fundamental role in renewal theory, without and with reward, respectively. We first recall the…

Probability · Mathematics 2007-05-23 Francesco Mainardi , Rudolf Gorenflo , Enrico Scalas

The usual random walk on a group (homogeneous both in time and in space) is determined by a probability measure on the group. In a random walk with random transition probabilities this single measure is replaced with a stationary sequence…

Probability · Mathematics 2007-05-23 Vadim A. Kaimanovich , Yuri Kifer , Ben-Zion Rubshtein

This paper introduces a discrete-time fractional Poisson process defined as a renewal process, where the waiting times follow a discrete Mittag-Leffler distribution. We investigate its fundamental properties by explicitly deriving the…

Probability · Mathematics 2026-05-06 Naohiro Yoshida

The continuous time Markov process considered in this paper belongs to a class of population models with linear growth and catastrophes. There, the catastrophes happen at the arrival times of a Poisson process, and at each catastrophe time,…

Probability · Mathematics 2019-05-14 A. Logachov , O. Logachova , A. Yambartsev

In this paper, we study the existence and uniqueness of solutions for general fractional-time parabolic equations of mixture type, and their probabilistic representations in terms of the corresponding inverse subordinators with or without…

Probability · Mathematics 2019-11-04 Zhen-Qing Chen

This article shows how coupled Markov chains that meet exactly after a random number of iterations can be used to generate unbiased estimators of the solutions of the Poisson equation. Through this connection, we re-derive known unbiased…

Computation · Statistics 2025-12-10 Randal Douc , Pierre E. Jacob , Anthony Lee , Dootika Vats

By monitoring the sampling of states with different magnetizations in transition matrix procedures a family of accurate and easily implemented techniques are constructed that automatically control the variation of the temperature or energy…

Statistical Mechanics · Physics 2017-05-24 David Yevick , Yong Hwan Lee

Many psychological experiments have subjects repeat a task to gain the statistical precision required to test quantitative theories of psychological performance. In such experiments, time-on-task can have sizable effects on performance,…

Applications · Statistics 2021-11-05 David Gunawan , Guy E. Hawkins , Robert Kohn , Minh-Ngoc Tran , Scott D. Brown

There is a well established theory that links semi-Markov chains having Mittag-Leffler waiting times to time-fractional equations. We here go beyond the semi-Markov setting, by defining some non-Markovian chains whose waiting times,…

Probability · Mathematics 2024-12-20 Lorenzo Facciaroni , Costantino Ricciuti , Enrico Scalas , Bruno Toaldo

We derive a non-Markovian theory for waiting time distributions of consecutive single electron transfer events. The presented microscopic Pauli rate equation formalism couples the open electrodes to the many-body system, allowing to take…

Mesoscale and Nanoscale Physics · Physics 2015-05-14 Sven Welack , YiJing Yan

Processes having the same bridges are said to belong to the same reciprocal class. In this article we analyze reciprocal classes of Markov counting processes by identifying their reciprocal invariants and we characterize them as the set of…

Probability · Mathematics 2022-09-05 Giovanni Conforti , Christian Léonard , Rüdiger Murr , Sylvie Roelly

The paper is concerned with the equilibrium distributions of continuous-time density dependent Markov processes on the integers. These distributions are known typically to be approximately normal, and the approximation error, as measured in…

Probability · Mathematics 2009-02-06 Sanda N. Socoll , A. D. Barbour
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