Elements of Stochastic Modelling
Language: English
Published by World Scientific Pub Co Inc, 2014
- Softcover
- New
Seller: Revaluation Books, Exeter, United KingdomRevaluation Books
AbeBooks seller since January 6, 2003
Condition: New
£ 72.94
Quantity: 2 available
Add to basketItem description from seller
2nd edition. 460 pages. 8.50x5.75x1.00 inches. In Stock.
Seller Inventory # x-9814571164
- Title
- Elements of Stochastic Modelling
- Author
- Borovkov, Konstantin
- Publisher
- World Scientific Pub Co Inc
- Publication year
- 2014
- Condition
- Brand New
- Binding
- Paperback
- Language
- English
- ISBN 10
- 9814571164
- ISBN 13
- 9789814571166
- Item weight
- 0.73 kilograms
The author is a well-known probabilist and now he is showing that he is also an excellent writer of a book for university students … in this book we find carefully selected topics from the area of stochastic modelling all presented in a masterful way.- Zentralblatt MATH
This is a very well-written brief introduction to stochastic modeling and related topics. This is a text that every professional in the field might want to consider adding to his bookshelf. For those instructors who like the choice of topics covered, it is also a nice candidate for a very advanced undergraduate or beginning graduate course in stochastic processes for students in various fields who have very good mathematical backgrounds and previous courses in probability theory.- The American Statistician
A fine pedagogical touch and a good sense of proportion make the text extremely well balanced. A very intelligent book indeed.- Acta Scientiarum Mathematicarum
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.
"Synopsis" may belong to another edition of this title.
From the Back Cover
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.
"About the title" may belong to another edition of this title.
Revaluation Books
Exeter, United Kingdom
AbeBooks seller since January 6, 2003
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Exeter, United Kingdom EX3 0PP
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