Code: 04477277

Stochastic Processes and Models

Name: Stochastic Processes and Models
Brand: Oxford University Press
SKU: 04477277
Price: 78.33 EUR
Availability: InStock
Author: David Stirzaker
ISBN: 9780198568148

by David Stirzaker

Language: English
Binding: Paperback
Number of pages: 342
Publisher: Oxford University Press, 2005
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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: random 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.