Pascal processes and their characterization (Q1176549)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Pascal processes and their characterization |
scientific article |
Statements
Pascal processes and their characterization (English)
0 references
25 June 1992
0 references
The authors recall the definition of a special Yule process \(\{Y_ t\}\) and of a Poisson process with randomized rate as well as of a Pascal process. They show the identity of \(\{Y_ t-1\}\), of the Poisson process with a randomized rate based on the negative exponential distribution and a special standard Pascal process with a convenient underlying distribution. They show that every Pascal process can be reduced to a standard one by a deterministic time change, that the record times are i.i.d. but non-homogeneous Poisson processes. They show not only they exist but are important and useful for optimal search strategies based on ranks.
0 references
mixed Poisson processes
0 references
record processes
0 references
martingales
0 references
Yule process
0 references
Pascal process
0 references
optimal search strategies
0 references
0 references