Abstract

We present here two examples of effects of delays on stochastic systems. The first model is an inclusion of delay in a classical problem of gambler’s ruin, modeled by a random walk. The second model introduces delays in a lined collection of random walks which pass a baton from one end to the other. The effects of delays as well as possible applications of these models are discussed

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call