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Interpolation and extrapolation of random evolution processes. (English. Ukrainian original) Zbl 0939.60073

Theory Probab. Math. Stat. 57, 175-179 (1998); translation from Teor. Jmovirn. Mat. Stat. 57, 163-167 (1997).
Problems of the optimal nonlinear interpolation and extrapolation are investigated for two-dimensional processes \((\theta_{t},\xi_{t})\) of random evolution \(\{(\theta_{t},\xi_{t})\); \(x_{t}\}\), \(0\leq t\leq T\), where \(x_{t}\) is a homogeneous Markov process. Some applications to the investigation of stochastic models of markets are presented.

MSC:

60H20 Stochastic integral equations
62P05 Applications of statistics to actuarial sciences and financial mathematics
91B30 Risk theory, insurance (MSC2010)
91B28 Finance etc. (MSC2000)
60K15 Markov renewal processes, semi-Markov processes
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