Description

Most introductory textbooks on stochastic processes which cover standard topics such as Poisson process, Brownian motion, renewal theory and random walks deal inadequately with their applications. Written in a simple and accessible manner, this book addresses that inadequacy and provides guidelines and tools to study the applications. The coverage includes research developments in Markov property, martingales, regenerative phenomena and Tauberian theorems, and covers measure theory at an elementary level.

Stochastic Processes: Basic Theory And Its Applications

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Hardback by Narahari U Prabhu

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Most introductory textbooks on stochastic processes which cover standard topics such as Poisson process, Brownian motion, renewal theory and random... Read more

    Publisher: World Scientific Publishing Co Pte Ltd
    Publication Date: 03/10/2007
    ISBN13: 9789812706263, 978-9812706263
    ISBN10: 9812706267

    Number of Pages: 356

    Non Fiction , Mathematics & Science , Education

    Description

    Most introductory textbooks on stochastic processes which cover standard topics such as Poisson process, Brownian motion, renewal theory and random walks deal inadequately with their applications. Written in a simple and accessible manner, this book addresses that inadequacy and provides guidelines and tools to study the applications. The coverage includes research developments in Markov property, martingales, regenerative phenomena and Tauberian theorems, and covers measure theory at an elementary level.

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