Explicit-Duration Markov Switching Models provides a simple and clear description of explicit-duration modeling by categorizing the different approaches into three main groups, which differin encoding in the explicit-duration variables different information about regime switching/reset boundaries. The approaches are described using the formalism of graphical models, which enables graphical representation and assessment of statistical dependence, and therefore makes it easy to describe the structure of complex models and derive inference routines. The presentation is pedagogical, focusing on making distinctions that help structure the space of models and in laying out inference and learning in a clear way. Explicit-Duration Markov Switching Models is an ideal reference for students and researchers who wish to learn about these models and those looking to develop them further.
Explicit-Duration Markov Switching Models provides a simple and clear description of explicit-duration modeling by categorizing the different approaches into three main groups, which differin encoding in the explicit-duration variables different information about regime switching/reset boundaries. The approaches are described using the formalism of graphical models, which enables graphical representation and assessment of statistical dependence, and therefore makes it easy to describe the structure of complex models and derive inference routines. The presentation is pedagogical, focusing on making distinctions that help structure the space of models and in laying out inference and learning in a clear way. Explicit-Duration Markov Switching Models is an ideal reference for students and researchers who wish to learn about these models and those looking to develop them further.
As a drought and the Great Depression continue to ravage Fremont County, Kansas, Deborah Nelson is attempting to raise seven boys, with the help of her neighbors and the spirit of her beloved friend,...
Die Finanzmarkte der siebziger und achtziger Jahre waren von einer starken Volatilitat gekennzeichnet. Festverzinsliche Wertpapiere waren aufgrund der Verschiebungen des Zinsniveaus und der Zinskurve...
Nonlinear Model Predictive Control (NMPC) has become the accepted methodology to solve complex control problems related to process industries. The main motivation behind explicit NMPC is that an...
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