A unified view of aggregation and coherency in networks and Markov chains†

Abstract
This paper presents a unified treatment of aggregability, lumpability, coherency, reversibility, partial balance and similar properties appearing in different fields including power systems and queueing theory. A coherency condition, well known in power systems, implies the existence of a finite state filter for Markov chains, while aggregability and coherency yield a new condition for decentralized computation of the invariant measure.

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