Lee, Eui Yong; Kinateder, Kimberly K. J. - In: Stochastic Processes and their Applications 90 (2000) 1, pp. 175-180
We use martingale methods to obtain an explicit formula for the expected wet period of the finite dam of capacity V, where the amounts of inputs are i.i.d exponential random variables and the output rate is one, when the reservoir is not empty. As a consequence, we obtain an explicit formula for...