1 citations · 3 across the 8 of their papers we have counts for
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Optimal stopping time on semi-Markov processes with finite horizon
Fang Chen, Xianping Guo, Zhong-Wei Liao
In this paper, we consider the optimal stopping problem on semi-Markov processes (SMPs) with finite horizon, and aim to establish the existence and computation of optimal stopping…
Optimal stopping time on discounted semi-Markov processes
Fang Chen, Xianping Guo, Zhong-Wei Liao
This paper attempts to study the optimal stopping time for semi-Markov processes (SMPs) under the discount optimization criteria with unbounded cost rates. In our work, we introduc…
Estimate the exponential convergence rate of f-ergodicity via spectral gap
Xianping Guo, Zhong-Wei Liao
This paper studies the f-ergodicity and its exponential convergence rate for continuous-time Markov chain. Assume f is square integrable, for reversible Markov chain, it is proved…
On Stein's factors for Poisson approximation in Wasserstein distance with non-linear transportation costs
Zhong-Wei Liao, Yutao Ma, Aihua Xia
We establish various bounds on the solutions to a Stein equation for Poisson approximation in Wasserstein distance with non-linear transportation costs. The proofs are a refinement…
Long time behavior of Levy-driven Ornstein-Uhlenbeck process with regime-switchin
Zhong-Wei Liao, Jinghai Shao
In this work we investigate the long time behavior of the Ornstein-Uhlenbeck process driven by Levy noise with regime-switching. We provide explicit criteria on the transience and…