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Potentials for denumerable Markov chains

Potentials for denumerable Markov chains

A unified treatment of potentials for general Markov chains is presented. Basic properties of potentials associated with transient chains are reviewed; these behave like Newtonian potentials. Potentials for recurrent chains are developed; they behave like logarithmic potentials. The discrete analog of the Newtonian potential classical theory is obtained by applying …