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  • Search: subject:"Foster–Lyapunov-type criterion"
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Drift condition 1 Finite long run cost 1 Finite long run reward 1 Foster–Lyapunov-type criterion 1 Infinite Markov chain 1
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Baumann, Hendrik 1 Sandmann, Werner 1
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Statistics & Probability Letters 1
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On finite long run costs and rewards in infinite Markov chains
Baumann, Hendrik; Sandmann, Werner - In: Statistics & Probability Letters 91 (2014) C, pp. 41-46
Conditions for the finiteness of long run costs and rewards associated with infinite recurrent Markov chains that may be discrete or continuous in time are considered. Without resorting to results from the theory of Markov processes on general state spaces we provide instructive proofs in the...
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