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How to analyze 2D Markov Chains?
I have a two-dimensional discrete time Markov Chain and I wish to find the steady-state probabilities of the chain. I have searched for publications that go through a detailed analysis, even for a a very simple 2D MC, but i have not found any so far! Does anyone have an idea of how to go about this?
2 Answers
- SqdancefanLv 710 years agoFavorite Answer
One way to find the steady state is to solve the equations with each of the time functions set to a constant. The steady state value is the constant value that will satisfy the discrete equations.