Lumpable Markov chains in risk management.
M. I. LoizidesAthanasios N. YannacopoulosPublished in: Optim. Lett. (2012)
Keyphrases
- markov chain
- risk management
- steady state
- risk evaluation
- decision support system
- finite state
- risk analysis
- transition probabilities
- state space
- risk assessment
- markov process
- random walk
- operational risk
- stochastic process
- markov processes
- project management
- markov model
- stationary distribution
- financial institutions
- commercial banks
- transition matrix
- databases
- sample path
- open source
- database
- software projects
- data analysis
- data model