Overview
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.
Full Product Details
Author: David Stirzaker (, Oxford University)
Publisher: Oxford University Press
Imprint: Oxford University Press
Dimensions:
Width: 17.80cm
, Height: 2.50cm
, Length: 25.40cm
Weight: 0.682kg
ISBN: 9780198568131
ISBN 10: 0198568134
Pages: 342
Publication Date: 21 July 2005
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
`...the author has indeed produced a very good textbook...the book or any of its chapters can be strongly recommended to any university with a modern probability programme...'' Alexander Veretennikov, Bulletin of the London Mathematical Society, `Strongly recommended to students and their teachers' Jordan Stoyanov, JRSSA `The book has an efficient writing style that is rarely found in mathematical textbooks; it is concise without being terse...Stochastic Processes and Models is an excellent foundational text both for grounding application orientated students in some basic theory and building intuition for those students interested in more advanced study in probability theory.' John Fricks, Pennsylvania State University, USA, JASA, 2007 `This excellent introductory book on simple stochastic processes and models is designed for readers familiar with ideas of elementary probability theory.' Ilya Pavlyukevitch, Zentralblatt Math, Vol 1084
...the author has indeed produced a very good textbook...the book or any of its chapters can be strongly recommended to any university with a modern probability programme...' Alexander Veretennikov, Bulletin of the London Mathematical Society, Strongly recommended to students and their teachers Jordan Stoyanov, JRSSA The book has an efficient writing style that is rarely found in mathematical textbooks; it is concise without being terse...Stochastic Processes and Models is an excellent foundational text both for grounding application orientated students in some basic theory and building intuition for those students interested in more advanced study in probability theory. John Fricks, Pennsylvania State University, USA, JASA, 2007 This excellent introductory book on simple stochastic processes and models is designed for readers familiar with ideas of elementary probability theory. Ilya Pavlyukevitch, Zentralblatt Math, Vol 1084
'...the author has indeed produced a very good textbook...the book or any of its chapters can be strongly recommended to any university with a modern probability programme...' Alexander Veretennikov, Bulletin of the London Mathematical Society, 39(1):167-169, January 2007 Strongly recommended to students and their teachers Jordan Stoyanov, JRSSA, Vol 169(4)
