05-086/4 - Series Expansions for Finite-State Markov Chains

• Authors
  Bernd Heidergott, Faculty of Economics, Vrije Universiteit Amsterdam; Arie Hordijk, Leiden University, Mathematical Institute; Miranda van Uitert, Faculty of Economics, Vrije Universiteit Amsterdam
• Publication date
  September 20, 2005

• Keywords
  finite-state Markov chain; (Taylor) series expansion; measure-valued derivatives; coupled processors
• JEL
  C63; C44