Eaton's Markov Chain, its Conjugate Partner and P-admissibility

We have shown that Eaton's (1992) Markov chain is recurrent if and only if its conjugate partner is recurrent. This result may be viewed as an extension od Diebolt and Robert's (1994) Duality Principle. It it interesting from a theoretical standpoint in that Eaton's (1992) results can now be viewed as concerning a Markov chain on the sample space, which is the domian of the chains constructed Brown (1971) and Johnstone (1984).

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Year of publication:	1997
Authors:	Hobert, J.-P. ; Robert, C.-P.
Subject:	LINEAR MODELS \| IMMIGRATION \| STOCHASTIC MODELS

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Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	C6 - Mathematical Methods and Programming ; C62 - Existence and Stability Conditions of Equilibrium ; C5 - Econometric Modeling
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005035863