Quasi-stationary distributions (QSDs) offer a compelling framework for understanding the long-term behaviour of Markov processes that possess an absorbing state. In many natural and engineered systems ...

Figure 1: First-order Markov dynamics distort real constraints on flow. Although we considered passengers moving between cities in this illustration, we have analysed six diverse systems in detail, ...

I've heard of Markov Chains, but I didn't understand them until I visited this site that explains them with simple ...