Barbour, A.D.; Pollett, P.K. - In: Stochastic Processes and their Applications 122 (2012) 11, pp. 3740-3756
Quasi-stationary distributions have been used in biology to describe the steady state behaviour of Markovian population models which, while eventually certain to become extinct, nevertheless maintain an apparent stochastic equilibrium for long periods. However, they have substantial drawbacks; a...