Conditions Under Which A Markov Chain Converges to Its Steady-State in Finite Time.
Abstract
Analysis of the initial transient problem of Monte Carlo steady state simulation motivates the following question for Markov chains: when does there exist a deterministic T such that P(x(T) = y-bar-(0) = x) = pi(y), where pi is the stationary distribution of X? We show that this can essentially never happen for a continuous time Markov chain; in discrete-time, such processes are basically i.i.d. Keywords: Initial transient; Markov chains.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1987
- Accession Number
- ADA180541
Entities
People
- Donald Iglehart
- Peter W. Glynn
Organizations
- Stanford University