Journal of Applied Mathematics and Stochastic Analysis
Volume 10 (1997), Issue 4, Pages 355-361
doi:10.1155/S1048953397000415
On the level crossing of multi-dimensional delayed renewal processes
Department of Applied Mathematics, Florida Institute of Technology, Melbourne 32901, FL, USA
Received 1 February 1997; Revised 1 August 1997
Copyright © 1997 Jewgeni H. Dshalalow. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The paper studies the behavior of an (l+3)th-dimensional, delayed renewal process with dependent components, the first three (called active) of
which are to cross one of their respective thresholds. More specifically, the
crossing takes place when at least one of the active components reaches or
exceeds its assigned level. The values of the other two active components,
as well as the rest of the components (passive), are to be registered. The
analysis yields the joint functional of the “crossing level” and other
characteristics (some of which can be interpreted as the first passage time)
in a closed form, refining earlier results of the author. A brief, informal discussion of various applications to stochastic models is presented.