Name: Elements of Stochastic Modelling (en Inglés)
SKU: 55143342
Price: 134.49 USD
Availability: InStock
Author: Konstantin Borovkov
ISBN: 9789814571159

portada Elements of Stochastic Modelling (en Inglés)

Elements of Stochastic Modelling (en Inglés)

Formato

Libro Físico

Editorial

World Scientific Pub Co Inc

Autor

Konstantin Borovkov

Idioma

Inglés

Encuadernación

Tapa Dura

ISBN13

9789814571159

N° edición

0002

Elements of Stochastic Modelling (en Inglés)

Konstantin Borovkov (Autor) · World Scientific Pub Co Inc · Tapa Dura

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Reseña del libro "Elements of Stochastic Modelling (en Inglés)"

This is the expanded second edition of a successful textbook that provides a broad introduction to important areas of stochastic modelling. The original text was developed from lecture notes for a one-semester course for third-year science and actuarial students at the University of Melbourne. It reviewed the basics of probability theory and then covered 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. Instead of rigorous proofs we often give only sketches of the arguments, with indications as to why a particular result holds and also how it is related to other results, and illustrate them by examples. Wherever possible, the book includes references to more specialised texts on respective topics that contain both proofs and more advanced material.