The book aims at presenting a detailed and mathematically rigorous exposition of the theory and applications of a class of point processes and piecewise deterministic p- cesses. The framework is suf?ciently general to unify the treatment of several classes of stochastic phenomena: point processes, Markov chains and other Markov processes in continuous time, semi-Markov processes, queueing and storage models, and li- lihood processes. There are applications to ?nance, insurance and risk, population models, survival analysis, and congestion models. A major aim has been to show the versatility...
The book aims at presenting a detailed and mathematically rigorous exposition of the theory and applications of a class of point processes and piecewi...