Multivariate extremal processes, leader processes and dynamic choice models

DOI10.2307/1427538zbMath0698.60060OpenAlexW2086671298MaRDI QIDQ3476087

Rishin Roy, Sidney I. Resnick

Publication date: 1990

Published in: Advances in Applied Probability (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1427538

zbMATH Keywords

bivariate processmaximal utilityMarkov chain with stationary transition probabilitiestime-dependent behavior of a random utility

Mathematics Subject Classification ID

Utility theory (91B16) Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20)

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