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Essentials of Stochastic Processes

by Richard Durrett

  • ISBN: 9780387988368
  • ISBN10: 038798836X

Essentials of Stochastic Processes

by Richard Durrett

  • List Price: $109.00
  • 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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