Simulated packets arrivals with Bernoulli distribution and the packets’ size are in three different distributions which are deterministic, geometric and binomial respectively. The buffer size is ...

We consider discrete-time Markov chains with Polish state space. The large deviations principle for empirical measures of a Markov chain can equivalently be stated in Laplace principle form, which ...

This paper is concerned with the solution of the optimal stopping problem associated to the value of American options driven by continuous-time Markov chains. The valuefunction of an American option ...

Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. In today’s column, I closely examine an innovative way of ...

Introduction Repeated exposure to domestic violence (DV) is common among women; however, little is known about how women’s ...