JSTOR Daily

Periodic Strong Ergodicity in Non-Homogeneous Markov Systems

This paper presents a unified treatment of the convergence properties of non-homogeneous Markov systems under different sets of assumptions. First the periodic case is studied and the limiting ...
JSTOR Daily

The Asymptotic Behavior for Markov Chains in a Finite i.i.d Random Environment Indexed by Cayley Trees

Abstract.We firstly define a Markov chain indexed by a homogeneous tree in a finite i.i.d random environment. Then, we prove the strong law of large numbers and Shannon-McMillan theorem for finite ...
Nature

Semi-Markov Processes in Credit Risk Assessment

Semi-Markov processes extend traditional Markov models by explicitly accounting for the time spent in each state before transitioning. This added temporal dimension is particularly valuable in credit ...
Insurancenewsnet.com

Data on Operations Science Described by Researchers at University of New South Wales Sydney (Modelling and Understanding Count Processes Through a Markov-modulated Non ...

2021 APR 07 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Science Daily-- Investigators publish new report on Science - Operations Science. According to news reporting out of Sydney, ...