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Hybrid Switching Diffusions: Properties and Applications
Hardcover
Series: Probability Theory and Stochastic Modelling, Book 63
Business GeneralTechnology & EngineeringProbability & Statistics
ISBN13: 9783031933028
Publisher: Springer
Published: Nov 12 2025
Pages: 541
Weight: 2.07
Height: 1.30 Width: 8.00 Depth: 7.88
Language: English
- a new chapter on switching processes with past dependence, extending the theoretical framework to account for historical states in the switching process. a new chapter on mathematical biology applications, demonstrating the relevance of hybrid switching diffusions in biological modeling.
In addition to covering fundamental topics such as existence and uniqueness of solutions, recurrence, ergodicity, invariant measures, and stability, this edition further explores numerical methods and two-time-scale models.
This book is an essential resource for applied mathematicians, probabilists, systems engineers, control scientists, operations researchers, and financial analysts. It is also well-suited for graduate courses on stochastic processes and hybrid systems.
The new edition offers researchers and practitioners a robust and versatile framework, driving significant advancements and broadening the application of stochastic analysis to real-world challenges.
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