Non-Markovian chains with long-range dependence and their scaling limits

Fuente: arXiv
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Main Authors: Facciaroni, Lorenzo, Ricciuti, Costantino, Scalas, Enrico
Format: Preprint
Published: 2026
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author Facciaroni, Lorenzo
Ricciuti, Costantino
Scalas, Enrico
author_facet Facciaroni, Lorenzo
Ricciuti, Costantino
Scalas, Enrico
contents There is a well-established theory linking certain semi-Markov chains and continuous-time random walks to time-fractional equations and anomalous diffusion. In this work, we go beyond the semi-Markov framework by considering some non-Markovian chains, which exhibit long-memory behaviour, due to stochastic dependence among their waiting times. Particular attention is devoted to the so-called para-Markov chains. Their waiting times share the same marginal distributions as those of the above mentioned semi-Markov chains, but they are dependent; their joint distribution is of Schur-constant type and is closely related to complete Bernstein functions and De Finetti's theorems. A second model that we focus on is given by time-changed Markov chains, where the random time is the inverse of an increasing stable process. This generalizes well-known semi-Markov models available in the literature, which typically focus solely on the inverse of the Levy stable subordinator. The above mentioned models are unified by a general theory of time change of Markov chains.
format Preprint
id arxiv_https___arxiv_org_abs_2602_23049
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Non-Markovian chains with long-range dependence and their scaling limits
Facciaroni, Lorenzo
Ricciuti, Costantino
Scalas, Enrico
Probability
There is a well-established theory linking certain semi-Markov chains and continuous-time random walks to time-fractional equations and anomalous diffusion. In this work, we go beyond the semi-Markov framework by considering some non-Markovian chains, which exhibit long-memory behaviour, due to stochastic dependence among their waiting times. Particular attention is devoted to the so-called para-Markov chains. Their waiting times share the same marginal distributions as those of the above mentioned semi-Markov chains, but they are dependent; their joint distribution is of Schur-constant type and is closely related to complete Bernstein functions and De Finetti's theorems. A second model that we focus on is given by time-changed Markov chains, where the random time is the inverse of an increasing stable process. This generalizes well-known semi-Markov models available in the literature, which typically focus solely on the inverse of the Levy stable subordinator. The above mentioned models are unified by a general theory of time change of Markov chains.
title Non-Markovian chains with long-range dependence and their scaling limits
topic Probability
url https://arxiv.org/abs/2602.23049