@article{Mjelde:30939,
      recid = {30939},
      author = {Mjelde, James W. and Harris, Wesley D. and Conner, J.  Richard and Schnitkey, Gary D. and Glover, Michael K. and  Garoian, Lee},
      title = {EXISTENCE OF UNIQUE LIMITING PROBABILITY VECTORS IN  STOCHASTIC PROCESSES WITH MULTIPLE TRANSITION MATRICES},
      journal = {Journal of Agricultural and Resource Economics},
      address = {1992-12},
      number = {1835-2016-148975},
      pages = {11},
      year = {1992},
      abstract = {Concepts associated with stochastic process containing  multiple transition matricies are discussed. It is proved  that under certain conditions, a process with m transition  matrices has m unique limiting probability vectors. This  result extends the notion of discrete Markov processes to  problems with intrayear and interyear dynamics. An example  using a large DP model illustrates the usefulness of the  concepts developed to applied problems.},
      url = {http://ageconsearch.umn.edu/record/30939},
      doi = {https://doi.org/10.22004/ag.econ.30939},
}