Abstract
This chapter gives a summary of applications of general limit theorems on randomly stopped stochastic processes and compositions of stochastic processes. The goal is to show how the general limit theorems given in Chapters 2 and 3 can be applied to some classical models of càdlàg processes with random stopping. These models include randomly stopped sum-processes (random sums), randomly stopped maxprocesses (extremes with random sample size), generalised exceeding processes, and various renewal models, namely sum-processes and max-processes with renewal stopping and the so-called shock models. We also consider some related models, for example accumulation processes.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2004 Springer-Verlag London
About this chapter
Cite this chapter
Silvestrov, D.S. (2004). Summary of applications. In: Limit Theorems for Randomly Stopped Stochastic Processes. Probability and its Applications. Springer, London. https://doi.org/10.1007/978-0-85729-390-9_4
Download citation
DOI: https://doi.org/10.1007/978-0-85729-390-9_4
Publisher Name: Springer, London
Print ISBN: 978-1-4471-1051-4
Online ISBN: 978-0-85729-390-9
eBook Packages: Springer Book Archive