
A First Look at Stochastic Processes
Format: Paperback
ISBN13: 9789811208973
Paperback|9789811208973
✨ Featured Offer
Brand New
$41.96
List Price: $38.00
🚚
See all 5 offers from $41.96 FREE standard delivery by: 05 Apr 2026
Overview
This textbook introduces the theory of stochastic processes, that is, randomness which proceeds in time. Using concrete examples like repeated gambling and jumping frogs, it presents fundamental mathematical results through simple, clear, logical theorems and examples. It covers in detail such essential material as Markov chain recurrence criteria, the Markov chain convergence theorem, and optional stopping theorems for martingales. The final chapter provides a brief introduction to Brownian motion, Markov processes in continuous time and space, Poisson processes, and renewal theory.Interspersed throughout are applications to such topics as gambler's ruin probabilities, random walks on graphs, sequence waiting times, branching processes, stock option pricing, and Markov Chain Monte Carlo (MCMC) algorithms.The focus is always on making the theory as well-motivated and accessible as possible, to allow students and readers to learn this fascinating subject as easily and painlessly as possible.
| ISBN-13 | 9789811208973 |
|---|---|
| ISBN-10 | 9811208972 |
| Weight | 0.64 Pounds |
| Dimensions | 6.00 x 0.48 x 9.00 In |
| List Price | $38.00 |
| Edition | 1st Edition |
| Format | Paperback |
|---|---|
| Language | English |
| Pages | 200 pages |
| Publisher | WSPC |
| Published On | 2020-02-14 |
View All Offers
Sort by:
Price
Condition
Seller
Seller Comments
Price
✨ Brand New
Seller details
GreatBookPrices-
Columbia, MD, USA
100% Money Back Guarantee. Brand New, Perfect Condition. We offer expedited shipping to all US locat...
Free delivery by: 05 Apr 2026
Brand New
Seller details
Alibris
Sparks, NV, USA
Print on demand Intended for college/higher education audience.
Free delivery by: 05 Apr 2026
Brand New
Seller details
Paperbackshop
Bensenville, IL, USA
New Book from multilingual publisher. Shipped from UK within 4 to 14 days. Please check language w...
Free delivery by: 05 Apr 2026
Used, Good
Seller details
Bonita
Santa Clarita, CA, USA
Access codes and supplements are not guaranteed with used items. May be an ex-library book.
Free delivery by: 05 Apr 2026
Brand New
Seller details
Bonita
Santa Clarita, CA, USA
Free delivery by: 05 Apr 2026