Journal of Applied Probability, Vol. 41, Stochastic Methods and Their Applications (2004), pp. 347-360 (14 pages) This paper investigates the probabilistic behaviour of the eigenvalue of the empirical ...
This paper deals with censoring of infinite-state banded Markov chains. Censoring involves reducing the time spent in states outside a certain set of states to 0 without affecting the number of visits ...
Quantum Markov chains (QMCs) represent a natural quantum extension of classical Markov processes, encapsulating memoryless dynamics within quantum systems. They offer a powerful framework to model non ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper outlines a way to estimate transition matrices for use in credit risk modeling with a decades-old methodology ...
Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...
Goh, Joel, Mohsen Bayati, Stefanos A. Zenios, Sundeep Singh, and David Moore. "Data Uncertainty in Markov Chains: Application to Cost-Effectiveness Analyses of Medical Innovations." Operations ...
In this episode probability mathematics and chess collide. In this episode probability mathematics and chess collide. What is the average number of steps it would take before a randomly moving knight ...
In cancer parlance, metastasize is a four-letter word. Metastasis is when cancer cells break off of the primary tumor to surf the bloodstream and set up shop in new organs and body areas. Thankfully, ...
[Attoparsec] has been building intriguing musical projects on his YouTube channel for a while and his latest is no exception. Dubbed simply as “Node Module”, it is a rack-mounted hardware-based Markov ...