Show that if (L) is a stopping time for a stochastic process with discrete or continuous time

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Show that if $L$ is a stopping time for a stochastic process with discrete or continuous time and \(0

\[L \wedge z=\min (L, z)\]

is a stopping time for this process as well.

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Applied Probability And Stochastic Processes

ISBN: 9780367658496

2nd Edition

Authors: Frank Beichelt

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Question Posted: Apr 26, 2024 04:01 PM

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Show that if (L) is a stopping time for a stochastic process with discrete or continuous time

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Applied Probability And Stochastic Processes

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