• Title of article

    Markov chain monte carlo simulation of the distribution of some perpetuities

  • Author/Authors

    Paulsen، Jostein نويسنده , , Hove، Arne نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1999
  • Pages
    -111
  • From page
    112
  • To page
    0
  • Abstract
    Interest has been shown in Markovian sequences of geometric shapes. Mostly the equations for invariant probability measures over shape space are extremely complicated and multidimensional. This paper deals with rectangles which have a simple onedimensional shape descriptor. We explore the invariant distributions of shape under a variety of randomised rules for splitting the rectangle into two sub-rectangles, with numerous methods for selecting the next shape in sequence. Many explicit results emerge. These help to fill a vacant niche in shape theory, whilst contributing at the same time, new distributions on [0,1] and interesting examples of Markov processes or, in the language of another discipline, of stochastic dynamical systems.
  • Keywords
    Present value , Levy process , Markov chain Monte Carlo simulation
  • Journal title
    Advances in Applied Probability
  • Serial Year
    1999
  • Journal title
    Advances in Applied Probability
  • Record number

    81169