What is the state space of a stochastic process?

... informational divergence between two Markov processes at ... Markov chains defined by a memoryless stochastic matrix correspond in fact to an iid process. Mar 17, 2025 ... ... stochastic process governed by statistical mechanics. These ... The toroidal model acknowledges that energy and information distributions follow ... Stochastic Processes (MATH27712). The details given may be subject to change, and should be used for informational purposes only. Course Unit details can change ... ), Arbitrage, Credit and Informational Risks, (pp. 53-86). Singapore: World ... Stochastic Processes and their Applications, 129(4), 1229-1258. [More ... May 22, 2020 ... ... process—the minimal amount of information required to ... If the considered time series is generated by a stochastic process of Markov ... their work to capture GARCH features in equilibrium prices, by directly incorporating stochastic volatility in the (short-lived) private information process.) ... Also, as we shall point out, mutual information corresponds to the increase in the doubling rate of wealth given side information. ... random processes such as ... ... stochastic process, whether the original process is Markovian or not. ... information sharing called "informational coherence". Informational coherence, in ... ... Stochastic Markov Processes in Reliability”, (with A. Ay, J. Landon and S. Ozekici), 2021, Probability in the Engineering and Informational Sciences, Vol. stochastic process. Mutual information based distance measure can thus be used to compare texts written by different authors or to build phylogenies of ...