Renewal and Regenerative Processes: short review

Carlos Martinez-Rodriguez

Published 2024-08-02Version 1

This document presents a compilation of results related to the theory of stochastic processes, with a specific focus on Markov processes, regenerative processes, renewal processes, and stationary processes. The relevance of these topics lies in the ability to identify regeneration points and the necessary conditions to ensure the stationarity of the process. The study begins with a review of Markov chains and continues with the analysis of processes that satisfy the strong Markov property. Subsequently, it delves into renewal processes, regenerative processes, and finally, stationary regenerative processes, highlighting the results presented by Thorisson [22]. This work is not intended to be exhaustive but aims to provide a solid foundation for further deepening the knowledge of these processes, given their broad range of applications in cryptography [16], queueing theory [15], and Monte Carlo methods [23]. Additionally, the importance of Poisson-type processes is emphasized due to their numerous applications (see [8]).