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An Introduction to Continuous-Time Stochastic Processes: Theory, Models, and Applications to Finance, Biology, and Medicine

An Introduction to Continuous-Time Stochastic Processes: Theory, Models, and Applications to Finance, Biology, and Medicine

Paperback

Series: Modeling and Simulation in Science, Engineering and Technolo

Technology & EngineeringGeneral MathematicsProbability & Statistics

ISBN10: 3030696553
ISBN13: 9783030696559
Publisher: Birkhauser
Published: Jun 20 2022
Pages: 560
Weight: 1.78
Height: 1.18 Width: 6.14 Depth: 9.21
Language: English
This textbook, now in its fourth edition, offers a rigorous and self-contained introduction to the theory of continuous-time stochastic processes, stochastic integrals, and stochastic differential equations. Expertly balancing theory and applications, it features concrete examples of modeling real-world problems from biology, medicine, finance, and insurance using stochastic methods. No previous knowledge of stochastic processes is required. Unlike other books on stochastic methods that specialize in a specific field of applications, this volume examines the ways in which similar stochastic methods can be applied across different fields.

Also from

Capasso, Vincenzo

Also in

Probability & Statistics