An Order-Theoretic Mixing Condition for Monotone Markov Chains
We discuss stability of discrete-time Markov chains satisfying monotonicity and an order-theoretic mixing condition that can be seen as an alternative to irreducibility. A chain satisfying these conditions has at most one stationary distribution. Moreover, if there is a stationary distribution, then the chain is stable in an order-theoretic sense.
|Date of creation:||Jul 2011|
|Date of revision:||Sep 2011|
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