Unique quasi-stationary distribution, with a possibly stabilizing extinction
Aurélien Velleret
Topics & Concepts
MathematicsErgodicityStationary distributionMarkov chainApplied mathematicsExponential functionStatistical physicsPhase-type distributionMarkov processConvergence (economics)Mathematical analysisStatisticsPhysicsEconomic growthEconomicsStochastic processes and statistical mechanicsStochastic processes and financial applicationsAdvanced Queuing Theory Analysis