Time-lagged point processes with the order-statistics property

Citation
M. Berg et F. Spizzichino, Time-lagged point processes with the order-statistics property, MATH M O R, 51(2), 2000, pp. 301-314
Citations number
8
Categorie Soggetti
Engineering Mathematics
Journal title
MATHEMATICAL METHODS OF OPERATIONS RESEARCH
ISSN journal
14322994 → ACNP
Volume
51
Issue
2
Year of publication
2000
Pages
301 - 314
Database
ISI
SICI code
1432-2994(200004)51:2<301:TPPWTO>2.0.ZU;2-5
Abstract
In many fields of applied probability, one deals with an (observed) impact point process triggered by another (unobservable) point process with each t riggering point causing an impact point after a random delay. We consider t he common case of delays being i.i.d random variables and independent of th e triggering process. We show the special role, within such a model, of the assumption that the triggering process possesses the order-statistics prop erty. It is in fact revealed that the "offspring" impact process inherits t he same property from the parent triggering process. Then, we show that whe n this property holds, predictions on the future of the impact process are much simplified.