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Key terms:
ij
markov chain
matrix
probability
mathbf
infty
finite
transition
rj
rarr
stochastic
state space
recurrent
ergodic
markov models
aperiodic
stationary distribution
tweedie
irreducible
andrey
communicating class
markov process
current state
appendix
satisfies
each step
finite state
transient
transition probability
present state
volatility
time steps
transition matrix
if and only if
scriptstyle
markov property
harris chain
hitting time
stochastic matrix
chain is said
row or column
stochastic process
markov chain models
bernoulli scheme
reversible markov
positive recurrent
using markov chains
if the markov chain
markov chain monte carlo
cambridge university press
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