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• W3022403602 abstract "Stochastic modelling of fatigue (and other material's deterioration), as well as of cumulative damage in risk theory, are often based on compound sums of independent random variables, where the number of addends is represented by an independent counting process. We consider here a cumulative model where, instead of a renewal process (as in the Poisson case), a linear birth (or Yule) process is used. This corresponds to the assumption that the frequency of “damage” increments accelerates according to the increasing number of “damages”. We start from the partial differential equation satisfied by its transition density, in the case of exponentially distributed addends, and then we generalize it by introducing a space derivative of convolution type (i.e., defined in terms of the Laplace exponent of a subordinator). Then we are concerned with the solution of integro‐differential equations, under proper initial conditions, which, in a special case, reduce to a fractional one. Correspondingly, we analyze the related cumulative jump processes under a general infinitely divisible distribution of the (positive) jumps. Some special cases (such as the stable, tempered stable, gamma, and Poisson) are presented." @default.
• W3022403602 created "2020-05-13" @default.
• W3022403602 creator A5001182978 @default.
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• W3022403602 date "2020-05-02" @default.
• W3022403602 modified "2023-10-16" @default.
• W3022403602 title "Integro‐differential equations linked to compound birth processes with infinitely divisible addends" @default.
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• W3022403602 doi "https://doi.org/10.1002/mma.6467" @default.
• W3022403602 hasPublicationYear "2020" @default.
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