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Fahreddin Kalkan

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Open access Oct 2026

Pre-absorption dynamics in multistate run processes: exact distributions and actuarial applications

This paper provides a complete analytical characterization of the joint distribution of state counts before run-based absorption in multistate discrete-time processes. For sequences of independent and identically distributed (i.i.d.) random variables, we derive the exact joint distribution, revealing an elegant geometr...

Fahreddin Kalkan, İsmail Kınacı, Coşkun Kuş · 0 citations

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