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How can we convert a given master equation to a Fokker Planck equation.Is there any general method for this transformation?

Anu
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There is a great book on the subject, "Stochastic Methods: A Handbook" by Gardiner. There should a well-defined continuous limit for the random variable of your Markov process, the drift and diffusion terms in the Fokker Planck equation come out naturally from the transition matrix of the master equation. "System size" a.k.a. van Kampen expansion is one example of how to develop such an approximation systematically.