A discrete-time, countable-state Markov process. It is often just called a Markov chain. Markov chains; Markov processes.
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© 2001 Kluwer Academic Publishers
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Gass, S.I., Harris, C.M. (2001). Discrete-Time Markov Chain (DTMC) . In: Gass, S.I., Harris, C.M. (eds) Encyclopedia of Operations Research and Management Science. Springer, New York, NY. https://doi.org/10.1007/1-4020-0611-X_253
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DOI: https://doi.org/10.1007/1-4020-0611-X_253
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Publisher Name: Springer, New York, NY
Print ISBN: 978-0-7923-7827-3
Online ISBN: 978-1-4020-0611-1
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