Some bounds for Markov chains |
| |
Authors: | Mark B Cronshaw Levon S Kazarian |
| |
Affiliation: | 1. Economics Institute, 1030 13th Street, 80302, Boulder, CO, USA 2. Department of Economics, University of Colorado, 80309-0256, Boulder, CO, USA
|
| |
Abstract: | In principle it is possible to characterize the long run behavior of any evolutionary game by finding an analytical expression for its limit probability distribution. However, it is cumbersome to do so when the state space is large and the rate of mutation is significant. This paper gives upper and lower bounds for the limit distribution, which are easy to compute. The bounds are expressed in terms of the maximal and minimal row sums of parts of the transition matrix. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|