Markov Renewal and Piecewise Deterministic Processes

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Targeting researchers, graduate students, and engineers, this book introduces Piecewise Deterministic Markov Processes (PDMPs), which combine deterministic mechanisms with random jumps. It explores diverse applications across various fields such as insurance, biology, communication networks, dependability, and supply management, making it a valuable resource for those looking to understand and apply PDMPs in practical scenarios.