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from Part One - Consistencies
Published online by Cambridge University Press: 18 September 2020
Conditional Markov Chains are an important class of stochastic processes, and thus, study of the related consistency problems is important. Finite conditional Markov chains generalize classical finite Markov chains. Thus, in many ways, the study of Markov consistency for finite multivariate conditional Markov chains done in this chapter is a generalization of the study done in Chapter 3. In particular, the results derived here are nicely illustrated by their counterparts given in the simpler set-up of Chapter 3.
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