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Stochastic Processes and Models

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Pages
342pages
Temps de lecture
12heures

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Focusing on key concepts in stochastic processes, this book offers a clear introduction to topics such as random walks, Markov chains, and Brownian motion. It includes numerous exercises and solutions to reinforce learning. The content progresses to advanced topics like stochastic integrals and differential equations, particularly in the context of option pricing. Designed for undergraduate students in statistics, mathematics, finance, and operational research, it serves as an excellent resource for a second course in probability.

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Stochastic Processes and Models, David Stirzaker

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Année de publication
2005
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