It is well known that the theory of coalgebras provides an abstract definition of behavioural equivalence that coincides with strong bisimulation across a wide variety of state-based systems. Unfortunately, the theory in the presence of so-called silent actions is not yet fully developed. In this paper, we give a coalgebraic characterisation of branching (delay) bisimulation in the context of labelled transition systems (fully probabilistic systems). It is shown that recording executions (up to a notion of stuttering), rather than the set of successor states, from a state is sufficient to characterise the respected bisimulation relations in both cases.
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