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State Vector

   Also found in: Acronyms, Wikipedia 0.01 sec.
state vector [′stāt ‚vek·tər]
(computer science)
(control systems)
A column vector whose components are the state variables of a system.
(quantum mechanics)
A vector in Hilbert space which corresponds to the state of a quantum-mechanical system.

State Vector 

a quantity that plays the same role in quantum theory as does the wave function. The square of the absolute value (modulus) of a state vector indicates the probability of the state.



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Using balanced equations ( x = xP , xe = 1 ) and the matrix-geometric method, the steady state vector x can be calculated.
k](t) is the consumption rate, so the wealth of the k th investor satisfies the following accumulation equation: [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] (3) As in Breeden (1979), it is possible that fluctuations in some of the elements of the state vector do not affect any individual's expected utility of lifetime consumption, given the individual's wealth.
t] is a m x 1 state vector and [beta] is a (p + k) x 1 vector of unknown regression coefficients that are assumed to be constant (3).
 
 
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