# Definition

**Stochastic Process**

A stochastic process is defined to be a function that maps the set to random variable .

**State Space**

92 more wordsLet and be the values of the random variables and B be its…

A stochastic process is defined to be a function that maps the set to random variable .

92 more wordsLet and be the values of the random variables and B be its…

The magnetic levitation (maglev) system is a classical controls problem. The system is composed of an electromagnet, a ferromagnetic mass, and a sensor to provide position feedback of the mass. 452 more words

Economic agents who are uncertain of their economic model learn, and this learning is sensitive to the presence of data uncertainty. 75 more words

This post guides through the estimation process of a Bayesian TVP-VAR model, where the algorithm proposed by Durbin & Koopman (2002) is used to draw samples of the parameter coefficients. 1,095 more words