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Mathematics, Probability & Statistics
Essentials of Stochastic Processes by Richard Durrett β€” book cover

Essentials of Stochastic Processes

by Richard Durrett, R. Durrett, Rick Durrett
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Synopsis

This test is designed for a Master's Level course in stochastic processes. It features the introduction and use of martingales, which allow one to do much more with Brownian motion, e.g., option pricing, and queueing theory is integrated into the Continuous Time Markov Chain and Renewal Theory chapters as examples.

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Book Details

Published
March 1, 2001
Publisher
Springer-Verlag New York, LLC
Format
Hardcover
ISBN
9780387988368

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