Testing the Adequacy of Markov Chain and Mover-Stayer Models as Representations of Credit Behavior.
Halina FrydmanJarl G. KallbergDuen-Li KaoPublished in: Oper. Res. (1985)
Keyphrases
- markov chain
- monte carlo simulation
- transition probabilities
- steady state
- transition matrix
- markov model
- stochastic process
- monte carlo
- markov process
- finite state
- markov chain monte carlo
- random walk
- state space
- probabilistic model
- markov models
- state transition
- stationary distribution
- gibbs sampler
- random fields
- statistical model
- parameter estimation