Modeling Investment Trends: A Logarithmic-Modified Markov Chain Approach
The study aimed at stabilizing the changing variance using the logarithmic transformation to achieve a significant proportion of stability and a faster rate of convergence of the steady state transition probability in Markov chains. The traditional Markov chain and logarithmic-modified Markov chain...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2020-10-01
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| Series: | Journal of Statistical Theory and Applications (JSTA) |
| Subjects: | |
| Online Access: | https://www.atlantis-press.com/article/125945156/view |