Now showing items 1-2 of 2
Some properties of transition matrices for chain binomial models
(Massey University, 2005)
A chain binomial model is a Markov chain with a transition matrix whose rows are binomial probabilities. Two such chains are presented and illustrated with possible applications. The paper will focus in particular on some ...
Convergence of alternating Markov chains
Suppose we have two Markov chains defined on the same state space. What happens if we alternate them? If they both converge to the same stationary distribution, will the chain obtained by alternating them also converge? ...