This is a preview. Log in through your library . Abstract In this paper we discuss a counter system whose output is a stochastic point process such that the time intervals between pairs of successive ...

This paper deals with censoring of infinite-state banded Markov chains. Censoring involves reducing the time spent in states outside a certain set of states to 0 without affecting the number of visits ...

Markov decision processes (MDPs) and stochastic control constitute pivotal frameworks for modelling decision-making in systems subject to uncertainty. At their core, MDPs provide a structured means to ...

This course is compulsory on the BSc in Actuarial Science. This course is available on the BSc in Business Mathematics and Statistics, BSc in Financial Mathematics and Statistics, BSc in Mathematics ...

Overview of general architectures for B-ISDN and Internet, network layering, signaling, performance requirements, traffic management strategies, usage parameter control, connection admission control, ...

This paper introduces and explores variations on a natural extension of the intensity-based doubly stochastic framework for credit default. The essential addition proposed here is to introduce a ...

At its core, a Markov chain is a model for predicting the next event in a sequence based only on its state. It possesses ...

This course is compulsory on the BSc in Actuarial Science and BSc in Actuarial Science (with a Placement Year). This course is available on the BSc in Data Science, BSc in Financial Mathematics and ...