A state transition network is a diagram that is developed from a set of data and charts the flow of data from particular data points (called states or nodes) to the next in a probabilistic manner.
State transition networks are used in both academic and industrial fields.
State transition networks are a general construct, with more specific examples being augmented transition networks, recursive transition networks, and augmented recursive networks, among others.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder TBIL.co STATX Fund.