Master Equation

Master Equation

In physics and chemistry and related fields, master equations are used to describe the time-evolution of a system that can be modelled as being in exactly one of countable number of states at any given time, and where switching between states is treated probabilistically. The equations are usually a set of differential equations for the variation over time of the probabilities that the system occupies each different states.

Read more about Master Equation:  Introduction

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