What are some applications of renewal processes?

Jul 13, 2022 ... This paper proposes a novel model of sequential information design, namely the Markov persuasion processes (MPPs), in which a sender, with informational ... ... stochastic processes, and information dynamics approaches. Our analysis revealed novel relationships between these metrics, which allowed us to build a ... We present a novel and simple method to numerically calculate Fisher information matrices for stochastic chemical kinetics models. If the stochastic process representing the belief over f is sufficiently regular, then Equation (1) can be approximated arbitrarily well with finitely many ... General Information (Catalog listing). 01:640:478 Markov chains for discrete-time models, Poisson processes, Markov chains for continuous-time models, ... Sep 4, 2024 ... For definiteness, we consider a game where N players bet on the binary outcome of a stochastic process and share the entry fees pot if ... ... process, Positive dependence, Restarting property, Stochastic properties", ... Informational Sciences. https://doi.org/10.1017/S0269964824000111. An ... ), Arbitrage, Credit and Informational Risks, (pp. 53-86). Singapore: World ... Stochastic Processes and their Applications, 129(4), 1229-1258. [More ... ... stochastic time series. We dissect the uncertainty of a single observation ... process's internal information dynamics. The measures scale with the ... A model is proposed which treats network traffic as a stochastic process with an infinite mean delay. Such a model can be used to explain the appearance of ...