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A many-server queueing system is considered in which customers arrive according to a renewal process and have service and patience times that are drawn from two independent sequences of independent, identically distributed random variables.…

Probability · Mathematics 2012-04-30 Weining Kang , Kavita Ramanan

We investigate the asymptotic behaviour of the implied volatility in the Bachelier setting, extending the large-strike results established for the Black-Scholes framework. Exploiting the theory of regular variation, we derive explicit…

Pricing of Securities · Quantitative Finance 2026-02-24 Roberto Baviera , Michele Domenico Massaria

We study a queueing system with Erlang arrivals with $k$ phases and Erlang service with $m$ phases. Transition rates among phases vary periodically with time. For these systems, we derive the asymptotic periodic distribution of the level…

Probability · Mathematics 2021-07-29 Barbara Margolius

In this paper, we consider the M/GI/1 queue with single vacations under the gated service discipline. We obtain the probability generating function of the stationary queue length, the Laplace-Stieltjes transform of the system delay…

Probability · Mathematics 2026-04-14 Tetsuya Takine

We study critical GI/G/1 queues under finite second moment assumptions. We show that the busy period distribution is regularly varying with index half. We also review previously known M/G/1/ and M/M/1 derivations, yielding exact asymptotics…

Probability · Mathematics 2022-04-12 Yoni Nazarathy , Zbigniew Palmowski

In this paper, according to a certain criterion, we divide the exponential distribution class into three subclasses. One of them is closely related to the regular-variation-tailed distribution class, so it is called the…

Probability · Mathematics 2018-05-30 Zhaolei Cui , Edward Omey , Wenyuan Wang , Yuebao Wang

We derive upper bounds on the tail conditional expectation of binomial and Poisson random variables. Those upper bounds are subsequently employed to the problem of obtaining non-asymptotic lower bounds on the probability that the…

Probability · Mathematics 2017-12-07 Christos Pelekis

An exact formula for the equilibrium M/U/1 waiting time density is now effectively known. What began as a numeric exploration became a symbolic banquet. Inverse Laplace transforms provided breadcrumbs in the trail; delay differential…

Probability · Mathematics 2022-10-19 Steven Finch

Understanding how delayed information impacts queueing systems is an important area of research. However, much of the current literature neglects one important feature of many queueing systems, namely non-stationary arrivals. Non-stationary…

Dynamical Systems · Mathematics 2017-01-20 Jamol Pender , Richard H. Rand , Elizabeth Wesson

This paper considers a population process on a dynamically evolving graph, which can be alternatively interpreted as a queueing network. The queues are of infinite-server type, entailing that at each node all customers present are served in…

Probability · Mathematics 2020-01-01 Michel Mandjes , Nicos Starreveld , René Bekker

In many applications, significant correlations between arrivals of load-generating events make the numerical evaluation of the load of a system a challenging problem. Here, we construct very accurate approximations of the workload…

Probability · Mathematics 2014-05-02 Eleni Vatamidou , Ivo J. B. F. Adan , Maria Vlasiou , Bert Zwart

We investigate the transient and stationary queue-length distributions of a class of service systems with correlated service times. The classical $M^X/G/1$ queue with semi-Markov service times is the most prominent example in this class and…

Probability · Mathematics 2018-01-19 Abhishek , Marko Boon , Onno Boxma , Rudesindo Núñez-Queija

The optimal tradeoff between average service cost rate, average utility rate, and average delay is addressed for a state dependent M/M/1 queueing model, with controllable queue length dependent service rates and arrival rates. For a model…

Performance · Computer Science 2013-11-05 Vineeth B. S. , Utpal Mukherji

We prove tail estimates for variables $\sum_i f(X_i)$, where $(X_i)_i$ is the trajectory of a random walk on an undirected graph (or, equivalently, a reversible Markov chain). The estimates are in terms of the maximum of the function $f$,…

Probability · Mathematics 2007-12-25 Roy Wagner

In this paper we investigate the statistics of large waiting times (with respect to the total waiting time) for Bernoulli processes. We determine the corresponding rate functions explicitly and prove a large deviations asymptotic. By this…

Probability · Mathematics 2009-11-02 Marc Kesseböhmer , Lidong Tang

We formulate a control problem for a GI/GI/N+GI queue, whose objective is to trade off the long-run average operational costs (i.e., abandonment costs and holding costs) with server utilization costs. To solve the control problem, we…

Optimization and Control · Mathematics 2023-11-08 Yueyang Zhong , Amy R. Ward , Amber L. Puha

A common assumption when modeling queuing systems is that arrivals behave like a Poisson process with constant parameter. In practice, however, call arrivals are often observed to be significantly overdispersed. This motivates that in this…

Probability · Mathematics 2017-03-07 Mariska Heemskerk , Julia Kuhn , Michel Mandjes

The problem of estimating the tail index from truncated data is addressed in Chakrabarty and Samorodnitsky (2009). In that paper, a sample based (and hence random) choice of k is suggested, and it is shown that the choice leads to a…

Statistics Theory · Mathematics 2010-09-23 Arijit Chakrabarty

The asymptotic behavior of the tail probabilities for the first hitting times of the Bessel process with arbitrary index is shown without using the explicit expressions for the distribution function obtained in the authors' previous works.

Probability · Mathematics 2016-02-17 Yuji Hamana , Hiroyuki Matsumoto

We establish stability criterion for a two-class retrial system with Poisson inputs, general class-dependent service times and class-dependent constant retrial rates. We also characterise an interesting phenomenon of partial stability when…

Probability · Mathematics 2021-10-20 Konstantin Avrachenkov , Evsey Morozov , Ruslana Nekrasova
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