Para-Markov chains and related non-local equations
Probability
2024-12-20 v1
Abstract
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, although marginally Mittag-Leffler, are assumed to be stochastically dependent. This creates a long memory tail in the evolution, unlike what happens for semi-Markov processes. As a special case of our chains, we study a particular counting process which extends the well-known fractional Poisson process, the last one having independent, Mittag-Leffler waiting times.
Keywords
Cite
@article{arxiv.2412.14979,
title = {Para-Markov chains and related non-local equations},
author = {Lorenzo Facciaroni and Costantino Ricciuti and Enrico Scalas and Bruno Toaldo},
journal= {arXiv preprint arXiv:2412.14979},
year = {2024}
}
Comments
23 pages, 2 figures