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About Stochastic Processes and Models
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.
Detailed Information
| Author: | David Stirzaker |
|---|---|
| Publication Year: | 2005 |
| ISBN: | 9780198568148 |
| Pages: | 342 |
| Language: | English |
| File Size: | 1.782 |
| Format: | |
| Price: | FREE |
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