A Note on First Passage Times in Birth and Death and Nonnegative Diffusion Processes.
Abstract
Consider a birth and death process starting in state 0. Analytical arguments were shown earlier that the time of first passage into state n has an increasing failure rate (IFR) distribution. We present a probabilistic proof for this. In addition, our proof shows that for a nonnegative diffusion process, the first passage time from state 0 to any state x is IFR.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1979
- Accession Number
- ADA080115
Entities
People
- Cyrus Derman
- Sheldon M. Ross
- Zvi Schechner
Organizations
- University of California, Berkeley