*Stability of functionals of Markov chains and of stochastic recursions*
Sergey Foss
Professor
School of Mathematical & Computer Sciences; Actuarial Mathematics and Statistics
Heriot-Watt University, Edinburgh, UK
SL Sobolev Institute of Mathematics, Novosibirsk, Russia
Wednesday, April 11
4:30 - 5:30 PM
Y2E2 101
Abstract:
I will discuss an approach to the stability study of discrete-time stochastic recursions
(including Markov chains) which unifies the now-classical Harris ergodicity and more recent
ideas (in contact processes, Markov chains with long memory, infinite bin models, "excited" random
walks etc.) which involve conditioning on a finite or infinite past and on a finite or infinite future.
Operations Research Colloquia: http://or.stanford.edu/oras_seminars.html