Elements of Stochastic Modelling: 2nd Edition - Rilegato

Borovkov, Konstantin

Rilegato

ISBN 10: 9814571156 ISBN 13: 9789814571159

Casa editrice: World Scientific Pub Co Inc, 2014

Riassunto

This is the expanded second edition of a successful textbook that provides a broad introduction to the important area of stochastic modelling. The original text had been developed from lecture notes for a one-semester course on the topic for third-year science and actuarial students at the University of Melbourne. It reviews the basics of probability theory, and then covers the following topics: Markov chains, Markov decision processes, jump Markov processes, elements of queueing theory, basic renewal theory, elements of time series and simulation.The present edition adds new chapters on elements of stochastic calculus and introductory mathematical finance that logically complement the topics chosen for the first edition. This makes the book suitable for a larger variety of university courses presenting the fundamentals of modern stochastic modelling. Rigorous proofs are often replaced with sketches of arguments — with indications as to why a particular result holds, and also how it is connected to other results — and illustrated by well-selected examples. Wherever possible, the book includes references to more specialised texts containing both proofs and more advanced material related to the topics covered.

Su questo libro

Recensione:

This book is a very readable and comprehensive introduction to the most important topics of stochastic modeling. Each chapter also contains a section with recommended literature, so that a reader who becomes interested in certain topics can easily find more details and additional mathematical results. --Mathematical Reviews

Su questa edizione

• Editore: World Scientific Pub Co Inc
• Data di pubblicazione: 2014
• ISBN 10: 9814571156
• ISBN 13: 9789814571159
• Rilegatura: Copertina rigida
• Numero edizione: 2
• Numero di pagine: 460