A Stochastic Model of Regime Change in Latin America
Abstract
The paper presents a mathematical model of regime change in Latin America; the model is a finite Markov chain with stationary transition probabilities. A first-order Markov chain was found to fit the data satisfactorily, although there were indications that systematic biases existed. More sophisticated models which relax some of the assumptions of finite Markov chains may result in a better fit between model and data.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 20, 1975
- Accession Number
- ADA007912
Entities
People
- Michael L. Squires
Organizations
- Center for Naval Analyses