On High-dimensional Markov Chain Models for Categorical Data Sequences with Applications
WK Ching, Dachang Zhu · The HKU Scholars Hub (University of Hong Kong) · 2010
Markov chains are popular models for a modelling cat- egorical data sequences. In this talk, I shall present some high- dimensional Markov chain models for modelling categorical data sequences. In particular, both high-order Markov chain models and multivariate Markov chain models will be presented. Estimation methods for the model parameters will be proposed and examples of practical applications in management science will also be given. Research Supported in Part by HK RGC Grant 7017/07P.