EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
An Order-Theoretic Mixing Condition for Monotone Markov Chains
Takashi Kamihigashi ()
John Stachurski ANU Working Papers in Economics and Econometrics from Australian National University, College of Business and Economics, School of Economics
We discuss stability of discrete-time Markov chains satisfying monotonicity and an order-theoretic mixing condition that can be seen as an alternative to irreducibility. A chain satisfying these conditions has at most one stationary distribution. Moreover, if there is a stationary distribution, then the chain is stable in an order-theoretic sense.
New Economics Papers: this item is included in nep-cis and nep-ecm
References: View references in EconPapers View complete reference list from CitEc Citations View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link) http://www.ecocomm.anu.edu.au/research/papers/pdf/wp559.pdf (application/pdf)
Related works: Journal Article: An order-theoretic mixing condition for monotone Markov chains (2012) Working Paper: An Order-Theoretic Mixing Condition for Monotone Markov Chains (2011) This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:acb:cbeeco:2011-559
Access Statistics for this paper
More papers in ANU Working Papers in Economics and Econometrics from Australian National University, College of Business and Economics, School of Economics
Contact information at EDIRC. Series data maintained by ().