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Stochastic Sequences with a Regenerative Structure that May Depend Both on the Future and on the Past

Stochastic Sequences with a Regenerative Structure that May Depend Both on the Future and on the Past

Many regenerative arguments in stochastic processes use random times which are akin to stopping times, but which are determined by the future as well as the past behaviour of the process of interest. Such arguments based on ā€˜conditioning on the futureā€™ are usually developed in an ad-hoc way in the ā€¦