Stochastic Processes and Models, PDF eBook

Stochastic Processes and Models PDF

PDF

Download Now
  • Information

Description

Stochastic Processes and Models provides a concise and lucid introduction to simple stochastic processes and models.

Including numerous exercises, problems and solutions, it covers the key concepts and tools, in particular: randon walks, renewals, Markov chains, martingales, the Wiener process model for Brownian motion, and diffusion processes, concluding with a brief account of the stochastic integral and stochastic differential equations as they arise in option-pricing.

The text has been thoroughly class-tested and is ideal for an undergraduate second course in probability for students of statistics, mathematics, finance and operational research.

Information

Save 15%

£233.45

£198.43

Download Now
Add to Basket
Sign in to add to wishlist

Information