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Explicit Causal Recursive Estimators for Continuous-Time Bivariate Markov Chains

Explicit Causal Recursive Estimators for Continuous-Time Bivariate Markov Chains

A bivariate Markov chain comprises a pair of random processes which are jointly Markov. In this paper, both processes are assumed to be continuous-time with finite state space. One of the two processes is observable, while the other is an underlying process which affects the statistical properties of the observable …