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Cover image for book Stochastic Processes: Basic Theory and Its Applications

Stochastic Processes: Basic Theory and Its Applications

By:Narahari U Prabhu
Publisher:World Scientific Publishing
Print ISBN:9789812706263
eText ISBN:9789813106956
Edition:0
Format:Page Fidelity

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Most introductory textbooks on stochastic processes which cover standard topics such as Poisson process, Brownian motion, renewal theory and random walks deal inadequately with their applications. Written in a simple and accessible manner, this book addresses that inadequacy and provides guidelines and tools to study the applications. The coverage includes research developments in Markov property, martingales, regenerative phenomena and Tauberian theorems, and covers measure theory at an elementary level.

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