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Given a possibly discontinuous, bounded function $f:\mathbb{R}\mapsto\mathbb{R}$, we consider the set of generalized flows, obtained by assigning a probability measure on the set of Carath\'eodory solutions to the ODE ~$\dot x = f(x)$. The…

Classical Analysis and ODEs · Mathematics 2020-09-15 Alberto Bressan , Marco Mazzola , Khai T. Nguyen

We determine the full distribution and moments of the first passage time for a wide class of stochastic search processes in the limit of frequent stochastic resetting. Our results apply to any system whose short-time behavior of the search…

Statistical Mechanics · Physics 2023-02-22 Samantha Linn , Sean D Lawley

Virtually all the emergent properties of a complex system are rooted in the non-homogeneous nature of the behaviours of its elements and of the interactions among them. However, the fact that heterogeneity and correlations can appear…

Physics and Society · Physics 2020-11-13 Aleix Bassolas , Vincenzo Nicosia

We present a numerical method to compute the survival function and the moments of the exit time for a piecewise-deterministic Markov process (PDMP). Our approach is based on the quantization of an underlying discrete-time Markov chain…

Probability · Mathematics 2011-08-31 Adrien Brandejsky , Benoîte de Saporta , François Dufour

The reciprocal class of a Markov path measure is the set of all mixtures of its bridges. We give characterizations of the reciprocal class of a continuous-time Markov random walk on a graph. Our main result is in terms of some reciprocal…

Probability · Mathematics 2022-09-05 Giovanni Conforti , Christian Léonard

In this brief note, we find formulas for the distribution and the transition probability matrices of a stochastic process described as a time-reversion in a finite time window of a Markov chain, with cluster observation of the Markov state…

Probability · Mathematics 2022-06-14 Daniel A. Gutierrez-Pachas , Eduardo F. Costa , Alessandro N. Vargas

In this paper, we establish moment and Bernstein-type inequalities for additive functionals of geometrically ergodic Markov chains. These inequalities extend the corresponding inequalities for independent random variables. Our conditions…

Probability · Mathematics 2023-06-16 Alain Durmus , Eric Moulines , Alexey Naumov , Sergey Samsonov

Drawdown (resp. drawup) of a stochastic process, also referred as the reflected process at its supremum (resp. infimum), has wide applications in many areas including financial risk management, actuarial mathematics and statistics. In this…

Mathematical Finance · Quantitative Finance 2017-06-27 David Landriault , Bin Li , Hongzhong Zhang

In this paper, we discuss the computation of first passage moments of a time-homogeneous semi-Markov process (SMP) with finite state space to certain of its states that possess the property of universal accessibility (UA). A UA state is one…

Probability · Mathematics 2020-01-07 Richard L. Warr , James D. Cordeiro

This paper is a survey of various proofs of the so called {\em fundamental theorem of Markov chains}: every ergodic Markov chain has a unique positive stationary distribution and the chain attains this distribution in the limit independent…

Probability · Mathematics 2022-04-05 Somenath Biswas

In a recent paper, Shah [arXiv:2502.03073] derived an explicit expression for the distribution of occupancy times for a two-state Markov chain, using a method based on enumerating sample paths. We consider here the more general problem of…

Probability · Mathematics 2025-04-01 Phil Pollett

For a finite state Markov process and a finite collection $\{ \Gamma_k, k \in K \}$ of subsets of its state space, let $\tau_k$ be the first time the process visits the set $\Gamma_k$. We derive explicit/recursive formulas for the joint…

Probability · Mathematics 2014-03-03 Tomasz R. Bielecki , Monique Jeanblanc , Ali Devin Sezer

We propose two methods for computing the large deviations of the first-passage-time statistics in general open quantum systems. The first method determines the region of convergence of the joint Laplace transform and the $z$-transform of…

Statistical Mechanics · Physics 2026-02-25 Fei Liu , Jiayin Gu

Markov chains are used to give a purely probabilistic way of understanding the conjugacy classes of the finite symplectic and orthogonal groups in odd characteristic. As a corollary of these methods one obtains a probabilistic proof of…

Group Theory · Mathematics 2007-05-23 Jason Fulman

First-passage times are often the most relevant aspect of a complex Markovian network, because they signify when information processing has resulted in a definite decision. Previous studies have shown that for kinetic proofreading networks…

Statistical Mechanics · Physics 2026-03-25 Julian B. Voits , Ulrich S. Schwarz

We consider discrete-time Markov chains and study large deviations of the pair empirical occupation measure, which is useful to compute fluctuations of pure-additive and jump-type observables. We provide an exact expression for the…

Statistical Mechanics · Physics 2022-07-04 Giorgio Carugno , Pierpaolo Vivo , Francesco Coghi

For a continuous-time Markov process, we characterize the law of the first jump location when started from an arbitrary initial distribution, in terms of the invariant distribution of an auxiliary Markov process. This could be of interest…

Probability · Mathematics 2019-08-23 Andi Q. Wang , David Steinsaltz

A cornerstone of human statistical learning is the ability to extract temporal regularities / patterns from random sequences. Here we present a method of computing pattern time statistics with generating functions for first-order Markov…

Neurons and Cognition · Quantitative Biology 2018-06-29 Yanlong Sun , Hongbin Wang

In this research the technology of complex Markov chains is applied to predict financial time series. The main distinction of complex or high-order Markov Chains and simple first-order ones is the existing of aftereffect or memory. The…

Statistical Finance · Quantitative Finance 2011-11-23 Vladimir Soloviev , Vladimir Saptsin , Dmitry Chabanenko

We consider a Markov chain on invertible $n\times n$ matrices with entries in $\mathbb{Z}_2$ which moves by picking an ordered pair of distinct rows and add the first one to the other, modulo $2$. We establish a logarithmic Sobolev…

Probability · Mathematics 2025-09-29 Anna Ben-Hamou
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