Piecewise-deterministic Markov process: Difference between revisions

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Applications: include ruin theory as application with ref
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==Applications==
 
PDMPs have been shown useful in [[ruin theory]]<ref>{{cite jstor|1427443}}</ref> and for modelling [[biochemistry|biochemical processes]] such as subtilin production by the organism [[B. subtilis]] and DNA replication in [[eukaryotes]].<ref>{{cite book|chapter=9. Stochastic Hybrid Modeling of Biochemical Processes|chapterurl=http://www.nt.ntnu.no/users/skoge/prost/proceedings/hygea-workshop-july07-systems_biology/publications/JL2/Chapter9.pdf|title=Stochastic hybrid systems|first1=Christos G.|last1=Cassandras|first2=John|last2=Lygeros|publisher=CRC Press|year=2007}}</ref>
 
==References==