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Essentials of Stochastic Processes (Springer Texts in Statistics)

Essentials of Stochastic Processes (Springer Texts in Statistics)

Essentials of Stochastic Processes (Springer Texts in Statistics)
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Essentials of Stochastic Processes (Springer Texts in Statistics) Hardback - 2001

by Durrett, Richard

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Details

  • Title Essentials of Stochastic Processes (Springer Texts in Statistics)
  • Author Durrett, Richard
  • Binding Hardback
  • Edition 1st ed. 1999. Co
  • Condition Used - Good
  • Pages 281
  • Volumes 1
  • Language ENG
  • Publisher Springer, New York:
  • Publication date March 30, 2001
  • Illustrated Yes
  • Bookseller's Inventory # ANAIS-038798836X
  • ISBN 9780387988368 / 038798836X
  • Weight 1.2 lbs (0.54 kg)
  • Dimensions 9.59 x 6.38 x 0.75 in (24.36 x 16.21 x 1.91 cm)
  • Size 6.2x0.7x9.3
  • Category Mathematics
  • Library of Congress subjects Stochastic processes
  • Library of Congress Catalogue Number 99014733
  • Dewey Decimal Code 519.2
  • Quantity available 1

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Reader reviews for Essentials of Stochastic Processes (Springer Texts in Statistics)

From the publisher

Designed for a Master's level course in stochastic processes, this text features the introduction and use of martingales, al- lowing much more to be done with Brownian motion, e.g., option pricing, and queueing theory are integrated into the Continuous Time Markov Chain and Renewal Theory chapters.

First line

The importance of Markov chains comes from two facts: (i) there are a large number of physical, biological, economic, and social phenomena that can be described in this way, and (ii) there is a well-developed theory that allows us to do computations.
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