A Model for Open Populations Subject to Periodical Re-classifications
Populations with periodical re-classifications occur in many fields, such as Insurance Companies, Bank Institutions, Pension Funds, Epidemiology and Health/Disease studies, where population elements are periodically reclassified. p]We show how to carry out inference for such populations, under general assumptions. Our treatment differs from previous ones since we consider open populations and focus on the sizes of sub-populations, availing ourselves of the Stochastic Vortices theory, see Guerreiro and Mexia (2004) and Guerreiro and Mexia (2008).
AMS Subject Classification62F86 60J10 60J20
KeywordsMarkov chains Stochastic vortices Parameter inference
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