Steady State

The key to finding the steady state is that we are solving for the vector $\vec q$ for stochastic matrix $P$ where

\[P_{\vec q} = \vec q\]

Which is the same as

\[(P-I)\vec q = 0\]

To find the steady state vector given a stochastic matrix:

  1. Set the eigenvalue $\lambda$ to one.
  2. Find the matrix $A-\lambda I$.
  3. You may scale it as you please so long as you normalize afterwards.
  4. Put it into the form $A-\lambda I = \vec 0$.
  5. Find the free variables and put it in parameter form.
  6. That should get you the steady state vector.

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~ Jakob Nacanaynay
(nack-uh-nigh-nigh)
he/him/his