Basic Stochastic Processes
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Stochastic processes are tools used widely by statisticians and researchers working in the mathematics of finance. This book for self-study provides a detailed
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Stochastic processes are mathematical models of random phenomena that evolve according to prescribed dynamics. Processes commonly used in applications are Marko
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This book presents basic stochastic processes, stochastic calculus including Lévy processes on one hand, and Markov and Semi Markov models on the other. From t
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This textbook explores probability and stochastic processes at a level that does not require any prior knowledge except basic calculus. It presents the fundamen
Language: en
Pages: 271
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Type: BOOK - Published: 2017-10-30 - Publisher: CRC Press
Based on a well-established and popular course taught by the authors over many years, Stochastic Processes: An Introduction, Third Edition, discusses the modell