Markov chains provide a fundamental framework for modelling stochastic processes, where the next state depends solely on the current state. Hidden Markov models (HMMs) extend this framework by ...
Markov chains and queueing theory together provide a robust framework for analysing systems that evolve randomly over time. Markov chains describe stochastic processes where the future state depends ...
The aim of the present paper is to construct a stochastic process, whose law is the solution of the Smoluchowski's coagulation equation. We introduce first a modified equation, dealing with the ...