General jump process and time change — or, how to define stochastic operational time

Citation
H. Bühlmann, et H. Gerber, U., General jump process and time change — or, how to define stochastic operational time, Scandinavian actuarial journal , 1978(2), 1978, pp. 102-107
ISSN journal
03461238
Volume
1978
Issue
2
Year of publication
1978
Pages
102 - 107
Database
ACNP
SICI code
Abstract
In a recent article de Vylder (1977) claims that “it seems impossible to define a new time depending stochastically on real time”. Our aim is to show how this actually can be done. Our construction then allows to give a more intuitive proof for two results in Dubey's thesis (1976).