Population process
In applied probability, a population process is a Markov chain in which the state of the chain is analogous to the number of individuals in a population (0, 1, 2, etc.), and changes to the state are analogous to the addition or removal of individuals from the population.
Although named by analogy to biological populations, population processes find application in a much wider range of fields than just ecology and other biological sciences. These other applications include telecommunications and queueing theory, chemical kinetics and financial mathematics, and hence the 'population' could be of packets in a computer network, of molecules in a chemical reaction, or even of units in a financial index.
Population processes are typically characterised by processes of birth and immigration, and of death, emigration and catastrophe, which correspond to the basic demographic processes and broad environmental effects to which a population is subject. However, population processes are also often equivalent to other processes that may typically be characterised under other paradigms (in the literal sense of 'patterns'). Queues, for example, are often characterised by an arrivals process, a service process, and the number of servers. In appropriate circumstances, however, arrivals at a queue are functionally equivalent to births or immigration and the service of waiting 'customers' is equivalent to death or emigration.
Typical population processes include birth-death processes and birth, death and catastrophe processes.
Referenced By
List of mathematical topics (P-R)
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