Renewal Processes
| By: | Kosto V. Mitov; Edward Omey |
| Publisher: | Springer Nature |
| Print ISBN: | 9783319058542 |
| eText ISBN: | 9783319058559 |
| Edition: | 0 |
| Copyright: | 2014 |
| Format: | Page Fidelity |
Lifetime - $83.99
eBook Features
Instant Access
Purchase and read your book immediately
Read Offline
Access your eTextbook anytime and anywhere
Study Tools
Built-in study tools like highlights and more
Read Aloud
Listen and follow along as Bookshelf reads to you
Details
Table of Contents
This monograph serves as an introductory text to classical renewal theory and some of its applications for graduate students and researchers in mathematics and probability theory. Renewal processes play an important part in modeling many phenomena in insurance, finance, queuing systems, inventory control and other areas. In this book, an overview of univariate renewal theory is given and renewal processes in the non-lattice and lattice case are discussed. A pre-requisite is a basic knowledge of probability theory.