Continuous Time Markov Chain on Complete Graph
Simulation algorithms for continuous time Markov chain models
... quickly spread throughout the system. Other interruptions occur when nurseries supply- ing farms have nowhere to send animals as they mature if the farms have not cleared their current animals for some reason. This will ...
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Optimal Consumption and Insurance: A Continuous-Time Markov Chain Approach
... indicator process indicating sojourn, I j (t) = 1 [Z (t) = j], and the functions µ jk (t), j, k ∈ J and the intensity process µ Z(t−)k (t) are connected by the relation µ Z(t)k (t) = X j:j6=k I j (t) µ jk (t). The reader ...
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Fastest Mixing Markov Chain on a Graph
... constructed Markov chain converges to the equilibrium, ...a Markov chain is called rapidly mixing if the size of state space is exponential in some input data size, whereas the mixing ...
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Markov chain Monte Carlo for continuous-time discrete-state systems
... total time spent in each state and the number of transitions between each pair of MJP ...discrete-time Markov chain on this set of times to sample a new tra- ...of time where the MJP ...
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Continuous Time Markov Chain Models of Voltage Gating of Gap Junction Channels
... a continuous time Markov chain (CTMC) models of voltage gating of gap junction (GJ) channels formed of connexin ...of Markov chain model from description of the system using PLA ...
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Adaptive continuous time Markov chain approximation model to general jump-diffusions
... (2007), Markov chain Monte Carlo simulations as in Phillips and Yu (2009), Kalogeropoulos et ...the Markov chain approximation we propose in this paper has several ...
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Adaptive Continuous time Markov Chain Approximation Model to General Jump-Diffusions
... the Markov chain with S min = 60 to S max = ...the Markov chain method produces a very good fit for the call option prices from deep out-of-money to deep in-the-money strikes and relative ...
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ctmcd: An R Package for Estimating the Parameters of a Continuous-Time Markov Chain from Discrete-Time Data
... a continuous-time Markov chain from discrete-time data occurs in a wide range of applications and especially plays an important role in gene sequence data analysis and rating based ...
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Markov chain mixing time on cycles
... a Markov Chain Monte Carlo method on the given ...mixing time for other connectivity ...a complete graph mixing in 1 step is possible even without violating ...
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Bayesian inference for continuous time Markov chains
... Andrey Markov. This stochastic process is called a Markov process. Markov processes can be classified based on their timing and ...the Markov process are a discrete time Markov ...
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PARAMETER SYNTHESIS FOR CONTINUOUS-TIME MARKOV CHAINS
... This chapter will focus on how we implemented the proposed Min-Max algorithm in the Storm model checker [ 7 ]. It is supposed to give an insight into implementation details and also aid any future changes in the ...
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Variance Optimization for Continuous Time Markov Decision Processes
... The Postal Service Company’s catalogue information system, inventory issues, and supply chain management issues are all early successful applications of the Markov decision process. Later, many real-life ...
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A note on variance bounding for continuous time Markov Chains
... discrete time Markov chains ...to continuous time Markov Chains and it is shown that a reversible continuous time Markov Chain (CTMC) satisfies a usual CLT ...
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An extension of Peskun ordering to continuous time Markov chains
... a Markov chain that has the model of interest as its stationary distribu- ...the Markov chain, applied to some function, S, defined on the sample space and evaluated at the data, x, we obtain ...
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Correlated Continuous Time Markov Chains and Derivatives Pricing
... The aim of the proposed model is to allow practitioners and investors to better understand the impact of market information on the degree of credit and defaults events clustering that determines the price of credit ...
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Reachability in continuous-time Markov reward decision processes
... duration, see e.g., [5]. The problem of finding a schedule for a fixed number of such (preemptable) jobs on a given set of identical machines such that the probability to meet a given deadline is maximised, is, in fact, ...
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Exact analysis of summary statistics for continuous-time discrete-state Markov processes on networks using graph-automorphism lumping
... of Markov chain dynamics on networks are rare since authors typ- ically resort to mean-field or related ...the complete and star graphs, and is cubic in the number of vertices for the household ...
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The Effects of a Backward Bifurcation on a Continuous Time Markov Chain Model for the Transmission Dynamics of Single Strain Dengue Virus
... a continuous time Markov chain (CTMC) and is based on an existing deterministic model that suggests the existence of a backward bifurcation for some values of the model ...
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Formalization of Continuous Time Markov Chains with Applications in Queueing Theory
... ducting Markov chain based analysis in ...Discrete-Time Markov Chain (DTMC) and the verification of the most important properties, in which the concepts of reversibility and stationary ...
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Continuous time Markov decision process of a single aisle warehouse
... the continuous-time Markov chain (CTMC) corresponding to this e-optimal policy, easy-to-implement rules can be extracted by analysing the ...
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