The Role of Kemeny's Constant in Properties of Markov Chains

Hamilton Institute Seminars (iPod / small) by Hamilton Institute

Speaker: Prof. J. J. Hunter Abstract: In a finite m-state irreducible Markov chain with stationary probabilities {\pi_i} and mean first passage times m_{ij} (mean recurrence time when i=j) it was first shown, by Kemeny a...View more