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Essentials of Stochastic Processes

by Richard Durrett

ISBN: 9780387988368
ISBN10: 038798836X

Essentials of Stochastic Processes

by Richard Durrett

Binding: Hardcover
Publisher: Springer Verlag
Publish date: 08/01/1999
ISBN: 9780387988368
ISBN10: 038798836X

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Description: This test is designed for a Master's Level course in stochastic processes. It features the introduction and use of martingales, which allow one to do much more with Brownian motion, e.g., option pricing, and queueing theory is integrated into the continuous time Markov chain and renewal theory chapters as examples.

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Essentials of Stochastic Processes

by Richard Durrett

Essentials of Stochastic Processes

by Richard Durrett

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