A simple approximation of the link model with reservation by a one-dimensional Markov chain.

Maciej Stasiak Mariusz Glabowski

Published in: Perform. Evaluation (2000)

Keyphrases

markov chain
transition probabilities
monte carlo simulation
markov model
markov process
stationary distribution
mathematical model
monte carlo method
probabilistic model
monte carlo
steady state
transition matrix
objective function
maximum likelihood estimation
latent variables
closed form
random walk