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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Related Book For
Applied Probability And Stochastic Processes
ISBN: 9780367658496
2nd Edition
Authors: Frank Beichelt
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