Probability and Random Processes - Hardcover

Grimmett, Geoffrey R.; Stirzaker, David R.

Hardcover

ISBN 10: 0198572239 ISBN 13: 9780198572237

Publisher: Oxford University Press, 2001

Synopsis

This third edition of this successful text gives a rigorous and extensive introduction to probability theory and an account in some depth of the most important random processes. It includes various topics which are suitable for undergraduate courses, but are not routinely taught. It is
suitable for students of probability at all levels.

There are four main aims:
1) to provide a thorough but straightforward account of basic probability, giving the reader a natural feel for the subject unburdened by oppressive technicalities,
2) to discuss important random processes in depth with many examples.
3) to cover a range of important but less routine topics,
4) to impart to the beginner the flavour of more advanced work.

The book begins with basic ideas common to many undergraduate courses in mathematics, statistics and the sciences; it concludes with topics usually found at graduate level. The ordering and numbering of material in this third edition has been mostly preserved from the second. Minor alterations and
additions have been added for clearer exposition. Highlights include new sections on sampling and Markov chain Monte Carlo, geometric probability, coupling and Poisson approximation, large deviations, spatial Poisson processes, renewal-reward, queuing networks, stochastic calculus, Ito's formula
and option pricing in the Black- Scholes model for financial markets. In addition there are many (nearly 400) new exercises and problems that are entertaining and instructive; their solutions can be found in the companion volume 'One Thousand Exercises in Probability', (OUP).

About this title

About the Author

Geoffrey Grimmett, Statistical Laboratory, University of Cambridge. David Stirzaker, Mathematical Institute, Oxford University.

Review

"Since its first appearance in 1982, Probabilty and Randon Processes has been a landmark book on the subject and has become mandatory reading for any mathematician wishing to understand chance.It is aimed mainly at final-year honours students and graduate students, but it goes beyond this
level, and all serious mathematicians and academic libraries should own a copy ... the companion book of exercises is cleverly conceived and ... forma a perfect complement to the amin text. " Times Higher Education Supplement

"Since its first appearance in 1982, Probabilty and Randon Processes has been a landmark book on the subject and has become mandatory reading for any mathematician wishing to understand chance.It is aimed mainly at final-year honours students and graduate students, but it goes beyond this
level, and all serious mathematicians and academic libraries should own a copy ... the companion book of exercises is cleverly conceived and ... forma a perfect complement to the main text. " Times Higher Education Supplement

Edition details

• Publisher: Oxford University Press
• Publication date: 2001
• ISBN 10: 0198572239
• ISBN 13: 9780198572237
• Binding: Hardcover
• Language: English
• Edition number: 3
• Number of pages: 608