Article ID: | iaor20042801 |
Country: | United States |
Volume: | 40 |
Issue: | 1 |
Start Page Number: | 107 |
End Page Number: | 122 |
Publication Date: | Mar 2003 |
Journal: | Journal of Applied Probability |
Authors: | Vieille N., Solan E. |
We study irreducible time-homogeneous Markov chains with finite state space in discrete time. We obtain results on the sensitivity of the stationary distribution and other statistical quantities with respect to perturbations of the transition matrix. We define a new closeness relation between transition matrices, and use graph-theoretic techniques, in contrast with the matrix analysis techniques previously used.