Introduction

  • Shelemyahu Zacks
Chapter
Part of the Lecture Notes in Mathematics book series (LNM, volume 2203)

Abstract

This monograph is focused on the derivations of exact distributions of first boundary crossing times of Poisson processes, compound Poisson processes, and more general renewal processes. These distributions are necessary in computing the characteristics of stochastic models in many different fields of research, like operations research, financial mathematics, insurance, sequential analysis, biostatistics, and more. Examples of such applications will be demonstrated throughout this monograph.

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  • Shelemyahu Zacks
    • 1
  1. 1.Binghamton UniversityBinghamtonUSA

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