Requires a Wolfram Notebook System
Interact on desktop, mobile and cloud with the free Wolfram Player or other Wolfram Language products.
In this Demonstration you can explore the equilibria of Markov chains. Select the number of states and check the entries of the transition matrix you want to be nonzero. This generates a transition matrix in which all the checked elements in a row have equal probabilities. The result shows the transition matrix, its graph, and its power.
Contributed by: Phillip Bonacich (March 2011)
Open content licensed under CC BY-NC-SA
Wolfram Demonstrations Project
Published: March 7 2011