Jones, G.2013-05-162013-05-162005Jones, G. (2005), Some properties of transition matrices for chain binomial models, Research Letters in the Information and Mathematical Sciences, 8, 203-2071175-2777http://hdl.handle.net/10179/4465A 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 interesting properties of the transition matrices.enMarkov chainsMatricesArticle