Journal of Applied Probability, Vol. 38, No. 2 (Jun., 2001), pp. 519-541 (23 pages) We study the convergence of certain matrix sequences that arise in quasi-birth-and-death (QBD) Markov chains and we ...

This is a preview. Log in through your library . Abstract One possible and widely used definition of the duality of Markov processes employs functions H relating one process to the other in a certain ...

Random walks serve as fundamental models in the study of stochastic processes, simulating phenomena ranging from molecular diffusion to queuing networks and financial systems. Their inherent ...

Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. In today’s column, I closely examine an innovative way of ...