First Passage Probabilities and Local Times for Null Recurrent Skip-Free Markov Additive Processes

Learn about first passage probabilities and local times for null recurrent skip-free Markov additive processes in this 29-minute conference talk delivered by Peter Taylor from the University of Melbourne at the 12th International Conference on Matrix-Analytic Methods in Stochastic Models hosted by the Fields Institute, exploring advanced mathematical concepts in stochastic modeling and matrix-analytic methods applied to specialized Markov processes with skip-free properties and null recurrent behavior.