Essentials of Stochastic Processes

Durrett, Richard

ISBN 10: 3319833316 / ISBN 13: 9783319833316

Published by Springer, 2018

About this Item

Unread book in perfect condition. Seller Inventory # 32738383

Bibliographic Details

Title: Essentials of Stochastic Processes

Publisher: Springer

Publication Date: 2018

Binding: Soft cover

Condition: As New

About this title

Synopsis:

In its revised new edition, this book covers Markov chains in discrete and continuous time, Poisson processes, renewal processes, martingales and mathematical finance. Offers many examples and more than 300 carefully chosen exercises for better understanding.

Review:

“It is the 3rd edition of the textbook devoted to initial information and basic topics from the theory of stochastic processes. ... The book is very useful for anyone who is interested in probability theory and its ramifications and applications. It can be recommended both for students and postgraduates, teachers and practitioners. ... The book contains a lot of examples which contribute to a better understanding of the text.” (Yuliya S. Mishura, zbMATH 1378.60001, 2018)

“This is the third edition of a popular textbook on stochastic processes. It is intended for advanced undergraduates and beginning graduate students and aimed at an intermediate level between an undergraduate course in probability and the first graduate course that uses measure theory.” (William J. Satzer, MAA Reviews, maa.org, February, 2017)