Stochastic Approach for Occupational Mobility: A Markovian Analysis

  • Prasanti T1, Rajyalakshmi K, Parveen M Syed, Abhishek D, Charankumar G

Abstract

In this paper, we made an attempt to study the existence of traditional professions in the state of equilibrium in the present era using stochastic models.  Markov chain models help us   to determine occupational mobility of the inhabitants of the Hyderabad in the state of Telangana, India. Equilibrium distributions of various professions, actual distributions of father and their sons for different professions have presented.

Published
2021-12-02
How to Cite
Prasanti T1, Rajyalakshmi K, Parveen M Syed, Abhishek D, Charankumar G. (2021). Stochastic Approach for Occupational Mobility: A Markovian Analysis. Design Engineering, 1537- 1544. Retrieved from http://www.thedesignengineering.com/index.php/DE/article/view/7109
Section
Articles