Research Reports from the Department of Operations
Document Type
Report
Publication Date
9-1-1973
Abstract
In this report we consider a nonstationary Markov chain whose transition probabilities vary periodically in time. Such a Markov chain is in between a stationary and completely nonstationary chains. Such chains can be used to model stochastic situations where seasonalities or other such periodic phenomena are present. The structure of the process is examined in terms of the transition probability matrices for each period.
Keywords
Operations research, Markov processes, Stochastic processes, Time-series analysis, Mathematical models
Publication Title
Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University
Issue
Technical memorandum no. 316
Rights
This work is in the public domain and may be freely downloaded for personal or academic use
Recommended Citation
Subba Rao, S., "Some Results for a Special Non-Stationary Markov Chain" (1973). Research Reports from the Department of Operations. 545.
https://commons.case.edu/wsom-ops-reports/545