Embedded Markov chain analysis of the superposition of renewal processes

For a superposition of i.i.d. renewal processes we derive in closed form the limiting distribution of an embedded counting process that describes the simultaneous presence of points from the individual renewal streams in consecutive inspection intervals of fixed given length.

MoreLess

Year of publication:	2012
Authors:	Stadje, Wolfgang
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 82.2012, 8, p. 1497-1503
Publisher:	Elsevier
Subject:	Superposition \| Renewal process \| Inspection interval \| Embedded Markov chain \| Asymptotic distribution

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010597155