Detailed balance for a continuous-time Markov chain

ID: detailed-balance-for-a-continuous-time-markov-chain

For a continuous-time Markov chain with transition rates , detailed balance is
for every pair of distinct states. A probability distribution satisfying these equations is an invariant distribution of a continuous-time Markov chain, because summing over incoming rates gives . Under the standard nonexplosion assumptions, the equilibrium chain is reversible.

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