Encyclopedia of Operations Research and Management Science

2001 Edition
| Editors: Saul I. Gass, Carl M. Harris

Discrete-Time Markov Chain (DTMC)

  • Saul I. Gass
  • Carl M. Harris
Reference work entry
First Online:
DOI: https://doi.org/10.1007/1-4020-0611-X_253
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How to cite

A discrete-time, countable-state Markov process. It is often just called a Markov chain. Markov chains; Markov processes.

Copyright information

© Kluwer Academic Publishers 2001

Authors and Affiliations

  • Saul I. Gass
    • 1
  • Carl M. Harris
    • 2
  1. 1.Robert H. Smith School of BusinessUniversity of MarylandCollege PartUSA
  2. 2.School of Information Technology & EngineeringGeorge Mason UniversityFairfaxUSA