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Synopsis
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.
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About the Author
David Stirzaker is at Oxford University.
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Stochastic Processes and Models
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Oxford University Press, 2005
ISBN 10: 0198568142
ISBN 13: 9780198568148
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Stochastic Processes and Models
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Oxford University Press, 2005
ISBN 10: 0198568142
ISBN 13: 9780198568148
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Stochastic Processes and Models
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ISBN 10: 0198568142
ISBN 13: 9780198568148
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Stochastic Processes and Models
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ISBN 10: 0198568142
ISBN 13: 9780198568148
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Stochastic Processes and Models
Published by
Oxford University Press, 2005
ISBN 10: 0198568142
ISBN 13: 9780198568148
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Stochastic Processes and Models (eng)
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