A unified stability theory for classical and monotone Markov chains

Takashi Kamihigashi, John Stachurski

    Research output: Contribution to journalArticlepeer-review

    Abstract

    In this paper we integrate two strands of the literature on stability of general state Markov chains: conventional, total-variation-based results and more recent order-theoretic results. First we introduce a complete metric over Borel probability measures based on 'partial' stochastic dominance. We then show that many conventional results framed in the setting of total variation distance have natural generalizations to the partially ordered setting when this metric is adopted.

    Original languageEnglish
    Pages (from-to)1-22
    Number of pages22
    JournalJournal of Applied Probability
    Volume56
    Issue number1
    DOIs
    Publication statusPublished - 1 Mar 2019

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