Semi-Markov Models

More about the book

The book compiles selected papers from the International Symposium on Semi Markov Processes and their Applications, highlighting significant themes in semi-Markov theory and its diverse applications. It covers topics such as Markov additive processes, decision processes, and their relevance in fields like economics, insurance, reliability, and medicine. Additionally, the final section provides a comprehensive bibliography, reflecting the advancements in semi-Markov processes over the past decade. This collection serves as a valuable resource for researchers and practitioners in the field.