On the nonexplosion and explosion for nonhomogeneous Markov pure jump processes (Q1800937)
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English | On the nonexplosion and explosion for nonhomogeneous Markov pure jump processes |
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On the nonexplosion and explosion for nonhomogeneous Markov pure jump processes (English)
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26 October 2018
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In this paper, the author obtains new drift-type conditions to decide whether a non-homogeneous Markov pure jump process in Borel state space explodes or not. The condition for non-explosion is necessary if the state space is locally compact and the so called $Q$-function satisfies weak Feller-type and local boundedness conditions. The results are well linked to the existing literature in the field. The theory has a close relationship with the field of Markov decision processes. Describing the intuition behind some concepts would have made it easier to understand the reasoning. The relations between non-explosion and the applicability of Dynkin's formula to a drift function is also demonstrated.
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Markov process
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pure jump process
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Dynkin's formula
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explosion
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$Q$-function
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