Markov Chains: Models, Algorithms and Applications
Markov chains are a particularly powerful and widely used tool for analyzing a variety of stochastic (probabilistic) systems over time. This monograph will present a series of Markov models, starting from the basic models and then building up to higher-or
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INTERNATIONAL SERIES IN OPERATIONS RESEARCH & MANAGEMENT SCIENCE
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* A list of the early publications in the series is at the end of the book
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Markov Chains: Models, Algorithms and Applications Wai-Ki Ching
Michael K. Ng
Wai-Ki Ching The University of Hong Kong Hong Kong, P.R. China
Michael K. Ng Hong Kong Baptist University Hong Kong, P.R. China
Library of Congress Control Number: 2005933263
e-ISBN- 13: 978-0387-29337-0 e-ISBN-10: 0-387-29337-X Printed on acid-free paper. 63 2006 by Springer Science+Business Media, Inc. All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science + Business Media, Inc., 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with reviews or scholarly analysis. Use in connection with any form of information storage and retrieva
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