Elements of Stochastic Modelling (2nd Edition) - Borovkov, Konstantin (The University of Melbourne, Australia) - Livros - World Scientific Publishing Co Pte Ltd - 9789814571166 - 28 de agosto de 2014
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Borovkov, Konstantin (The University of Melbourne, Australia)
Elements of Stochastic Modelling (2nd Edition) 2º edição

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This is the expanded second edition of a successful textbook that provides a broad introduction to important areas of stochastic modelling. The original text was developed from lecture notes for a one-semester course for third-year science and actuarial students at the University of Melbourne. It reviewed the basics of probability theory and then covered the following topics: Markov chains, Markov decision processes, jump Markov processes, elements of queueing theory, basic renewal theory, elements of time series and simulation. The present edition adds new chapters on elements of stochastic calculus and introductory mathematical finance that logically complement the topics chosen for the first edition. This makes the book suitable for a larger variety of university courses presenting the fundamentals of modern stochastic modelling. Instead of rigorous proofs we often give only sketches of the arguments, with indications as to why a particular result holds and also how it is related to other results, and illustrate them by examples. Wherever possible, the book includes references to more specialised texts on respective topics that contain both proofs and more advanced material.

Readership: Advanced undergraduates, graduate students, lecturers and researchers in mathematics, statistics, actuarial sciences and economics.

460 pages

Mídia Livros     Paperback Book   (Livro de capa flexível e brochura)
Lançado 28 de agosto de 2014
ISBN13 9789814571166
Editoras World Scientific Publishing Co Pte Ltd
Páginas 500
Dimensões 229 × 152 × 27 mm   ·   700 g
Idioma Inglês  
Editor Borovkov, Konstantin

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