Continuous Semi-Markov Processes

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Continuous Semi-Markov Processes is written by Boris Harlamov and published by John Wiley & Sons. It's available with International Standard Book Number or ISBN identification 111862405X (ISBN 10) and 9781118624050 (ISBN 13).

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, Lévy 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.