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We describe an exact approach for calculating transition probabilities and waiting times in finite-state discrete-time Markov processes. All the states and the rules for transitions between them must be known in advance. We can then…

Other Condensed Matter · Physics 2009-11-11 Semen A. Trygubenko , David J. Wales

Let $X$ be the constrained random walk on ${\mathbb Z}_+^2$ having increments $(1,0)$, $(-1,1)$, $(0,-1)$ with jump probabilities $\lambda(M_k)$, $\mu_1(M_k)$, and $\mu_2(M_k)$ where $M$ is an irreducible aperiodic finite state Markov…

Probability · Mathematics 2019-09-17 Fatma Başoğlu Kabran , Ali Devin Sezer

Motivated by Feller's coin-tossing problem, we consider the problem of conditioning an irreducible Markov chain never to wait too long at 0. Denoting by $\tau$ the first time that the chain, $X$, waits for at least one unit of time at the…

Probability · Mathematics 2009-06-23 Saul Jacka

We study the problem of characterizing the expected hitting times for a robust generalization of continuous-time Markov chains. This generalization is based on the theory of imprecise probabilities, and the models with which we work…

Probability · Mathematics 2022-06-28 Thomas Krak

In a Markov chain started at a state $x$, the hitting time $\tau(y)$ is the first time that the chain reaches another state $y$. We study the probability $\mathbf{P}_x(\tau(y) = t)$ that the first visit to $y$ occurs precisely at a given…

Probability · Mathematics 2014-08-06 James Norris , Yuval Peres , Alex Zhai

The cover time of a Markov chain on a finite state space is the expected time until all states are visited. We show that if the cover time of a discrete-time Markov chain with rational transitions probabilities is bounded, then it is a…

Probability · Mathematics 2024-01-30 John Sylvester

We propose a method based on continuous time Markov chain approximation to compute the distribution of Parisian stopping times and price Parisian options under general one-dimensional Markov processes. We prove the convergence of the method…

Computational Finance · Quantitative Finance 2021-07-15 Gongqiu Zhang , Lingfei Li

In this paper we present some general solution of the system of linear equations formed by Guibas and Odlyzko in Th.3.3 \cite{Gui}. We derive probabilities for given patterns to be first to appear in random text and the expected waiting…

Probability · Mathematics 2013-02-21 Urszula Ostaszewska , Krzysztof Zajkowski

The distribution of the "mixing time" or the "time to stationarity" in a discrete time irreducible Markov chain, starting in state i, can be defined as the number of trials to reach a state sampled from the stationary distribution of the…

Probability · Mathematics 2014-03-05 Jeffrey J. Hunter

Let $X$ be the constrained random walk on ${\mathbb Z}_+^2$ taking the steps $(1,0)$, $(-1,1)$ and $(0,-1)$ with probabilities $\lambda < (\mu_1\neq \mu_2)$; in particular, $X$ is assumed stable. Let $\tau_n$ be the first time $X$ hits…

Probability · Mathematics 2018-01-16 Ali Devin Sezer

Let {X_n,n\geq0} be a Markov chain on a general state space X with transition probability P and stationary probability \pi. Suppose an additive component S_n takes values in the real line R and is adjoined to the chain such that…

Probability · Mathematics 2016-09-07 Cheng-Der Fuh

In this paper, we provide a methodology for computing the probability distribution of sojourn times for a wide class of Markov chains. Our methodology consists in writing out linear systems and matrix equations for generating functions…

Probability · Mathematics 2018-01-09 Valentina Cammarota , Aimé Lachal

Consider infinite random words over a finite alphabet where the letters occur as an i.i.d. sequence according to some arbitrary distribution on the alphabet. The expectation and the variance of the waiting time for the first completed…

Combinatorics · Mathematics 2017-09-13 Uta Freiberg , Clemens Heuberger , Helmut Prodinger

We study algorithms to analyze a particular class of Markov population processes that is often used in epidemiology. More specifically, Markov binomial chains are the model that arises from stochastic time-discretizations of classical…

Logic in Computer Science · Computer Science 2025-06-25 Alejandro Alarcón Gonzalez , Niel Hens , Tim Leys , Guillermo A. Pérez

The standard approach to realize a quantum repeater relies upon probabilistic but heralded entangled state manipulations and the storage of quantum states while waiting for successful events. In the literature on this class of repeaters,…

Quantum Physics · Physics 2019-09-25 E. Shchukin , F. Schmidt , P. van Loock

We consider the problem of characterising expected hitting times and hitting probabilities for imprecise Markov chains. To this end, we consider three distinct ways in which imprecise Markov chains have been defined in the literature: as…

Probability · Mathematics 2020-01-28 Thomas Krak , Natan T'Joens , Jasper De Bock

We present a closed-form, computable expression for the expected number of times any transition event occurs during the transient phase of a reducible Markov chain. Examples of events include time to absorption, number of visits to a state,…

Probability · Mathematics 2017-06-09 Brian D. Ewald , Jeffrey Humpherys , Jeremy West

The aim of this paper is to propose a methodology for testing general hypothesis in a Markovian setting with random sampling. A discrete Markov chain X is observed at random time intervals $\tau$ k, assumed to be iid with unknown…

Statistics Theory · Mathematics 2015-05-25 Flavia Barsotti , Anne Philippe , Paul Rochet

Bailey showed that the general pointwise forecasting for stationary and ergodic time series has a negative solution. However, it is known that for Markov chains the problem can be solved. Morvai showed that there is a stopping time sequence…

Probability · Mathematics 2008-06-19 Gusztav Morvai , Benjamin Weiss

Scaled type Markov renewal processes generalize classical renewal processes: renewal times come from a one parameter family of probability laws and the sequence of the parameters is the trajectory of an ergodic Markov chain. Our primary…

Probability · Mathematics 2015-03-17 Zsolt Pajor-Gyulai , Domokos Szász
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