Both the logic and the stochastic analysis of discrete-state systems are hindered by the combinatorial growth of the state space underlying a high-level model. In this work, we con...
— We evaluate the average waiting time between observing the price of financial markets and the next price change, especially in an on-line foreign exchange trading service for ...
—We apply large deviations theory to study asymptotic performance of running consensus distributed detection in sensor networks. Running consensus is a stochastic approximation t...
Approximating general distributions by phase-type (PH) distributions is a popular technique in stochastic analysis, since the Markovian property of PH distributions often allows a...
This paper introduces a modular modeling approach for distributed production systems, considering production and maintenance processes synchronization. Thus, production job shop, p...
Daniel I. Racoceanu, Noureddine Zerhouni, Nawal Ad...