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Original Articles

An algorithmic approach to non-homogeneous semi-markov processes

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Pages 823-838 | Received 01 Sep 1983, Published online: 27 Jun 2007
 

Abstract

De Dominicis 1979 suggested a generalization of the notion of semi-Markov process by introducing a suitable definition of the transition kernel of the process and proved a theorm on the existence and uniqueness of the solution of integral equation describing the process evolution. In this paper a quite general algorithm useful for the resolution of the evolution equation is performed; in addition an application to an actuarial problem is presented.

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