In their 1960 book on finite Markov chains, Kemeny and Snell established that
a certain sum is invariant. This sum has become known as Kemeny's constant.
Various proofs have been given over time, some more technical than others. We
give here a very simple physical justification, which extends without a hitch
to continuous-time Markov chains on a finite state space. For denumerably
infinite state space, the physical argument holds but the constant may be
infinite. We consider the special case of birth-and-death processes and
determine the condition for Kemeny's constant to be finite.
%0 Journal Article
%1 bini2017kemenys
%A Bini, Dario
%A Hunter, Jeffrey J.
%A Latouche, Guy
%A Meini, Beatrice
%A Taylor, Peter G.
%D 2017
%K birth-death-process markov-chain
%T Why is Kemeny's constant a constant?
%U http://arxiv.org/abs/1711.03313
%X In their 1960 book on finite Markov chains, Kemeny and Snell established that
a certain sum is invariant. This sum has become known as Kemeny's constant.
Various proofs have been given over time, some more technical than others. We
give here a very simple physical justification, which extends without a hitch
to continuous-time Markov chains on a finite state space. For denumerably
infinite state space, the physical argument holds but the constant may be
infinite. We consider the special case of birth-and-death processes and
determine the condition for Kemeny's constant to be finite.
@article{bini2017kemenys,
abstract = {In their 1960 book on finite Markov chains, Kemeny and Snell established that
a certain sum is invariant. This sum has become known as Kemeny's constant.
Various proofs have been given over time, some more technical than others. We
give here a very simple physical justification, which extends without a hitch
to continuous-time Markov chains on a finite state space. For denumerably
infinite state space, the physical argument holds but the constant may be
infinite. We consider the special case of birth-and-death processes and
determine the condition for Kemeny's constant to be finite.},
added-at = {2017-11-10T18:57:18.000+0100},
author = {Bini, Dario and Hunter, Jeffrey J. and Latouche, Guy and Meini, Beatrice and Taylor, Peter G.},
biburl = {https://www.bibsonomy.org/bibtex/2c5d100ffd3d4bb3837143ab518d9b602/claired},
description = {Why is Kemeny's constant a constant?},
interhash = {cbc0f1880c0a4a5bbd82bd2b11f1160f},
intrahash = {c5d100ffd3d4bb3837143ab518d9b602},
keywords = {birth-death-process markov-chain},
note = {cite arxiv:1711.03313},
timestamp = {2017-11-10T18:57:18.000+0100},
title = {Why is Kemeny's constant a constant?},
url = {http://arxiv.org/abs/1711.03313},
year = 2017
}