Palm distributions and local approximation of regenerative processes (Q1871745)

For a regenerative process \(X\) with associated local random time random measure \(\xi\), the distribution relative to fixed times \(t_1<\cdots<t_n\) has a simple description in terms of the excursion kernel \((\nu_r)\) and the Palm distributions \(Q_t\) with respect to \(\xi\). Under suitable regularity conditions on \(\xi\), the \(Q_t\) admit versions with strong continuity and regularity properties. Using the latter versions, some local invariance and mixing properties of \(X\) are established and it is shown that the multivariate Palm distributions \(Q_{t_1,\ldots,t_n}\) can be approximated by ordinary conditional distributions.