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Continuous Semi-Markov Processes, Hardback Book

Continuous Semi-Markov Processes Hardback

Hardback

Description

This title considers the special of random processes known as semi-Markov processes.

These possess the Markov property with respect to any intrinsic Markov time such as the first exit time from an open set or a finite iteration of these times. The class of semi-Markov processes includes strong Markov processes, Levy and Smith stepped semi-Markov processes, and some other subclasses.

Extensive coverage is devoted to non-Markovian semi-Markov processes with continuous trajectories and, in particular, to semi-Markov diffusion processes.

Readers looking to enrich their knowledge on Markov processes will find this book a valuable resource.

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