Stochastic processes in science, engineering, and finance /
General Material Designation
[Book]
First Statement of Responsibility
Frank Beichelt.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Boca Raton :
Name of Publisher, Distributor, etc.
Chapman & Hall/CRC,
Date of Publication, Distribution, etc.
2006.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
417 pages :
Other Physical Details
illustrations ;
Dimensions
25 cm
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 405-410) and index.
CONTENTS NOTE
Text of Note
Probability theory -- Basics of stochastic processes -- Random point processes -- Markov chains in discrete time -- Markov chains in continuous time -- Martingales -- Brownian motion.
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SUMMARY OR ABSTRACT
Text of Note
"This book presents a self-contained introduction to stochastic processes with emphasis on their applications in science, engineering, finance, computer science, and operations research. It provides theoretical foundations for modeling time-dependent random phenomena in these areas and illustrates their application by analyzing numerous practical examples." "Mastering the contents of this book prepares readers to apply stochastic modeling in their own fields and enables them to work more creatively with software designed for dealing with the data analysis aspects of stochastic processes."--Jacket.