However, models developed according to the general HJM framework are often non-Markovian and can even have infinite dimensions.
When the connections are time-independent rate constants, the master equation represents a kinetic scheme, and the process is Markovian (any jumping time probability density function for state i is an exponential, with a rate equal to the value of the connection).
# M/M/1 Model (Single Queue Single Server/ Markov process): In this model, elements of queue are served on first-come, first-served basis.
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Here the service time distribution is no longer a Markov process.
He graduated in 1968 at the Eindhoven University of Technology advised by Jacques F. Benders for the thesis entitled "Decision rules in Markovian decision problems with Incompletely known transition probabilities" about Markov decision processes.
The band Bad Religion has a song titled "The Markovian Process" on their album Stranger Than Fiction.
Since the Outsiders hero Geo-Force is a Markovian prince, his team becomes involved, assisted by another superhero team Infinity Inc..