Elements of stochastic modelling
Author(s)
Bibliographic Information
Elements of stochastic modelling
World Scientific, c2024
3rd ed
- : paperback
Available at / 1 libraries
-
No Libraries matched.
- Remove all filters.
Note
Revised edition of: Elements of stochastic modelling / Konstantin Borovkov. 2nd ed., c2014
Summary: "This is a thoroughly revised and expanded third edition of a successful university textbook that provides a broad introduction to key areas of stochastic modelling. The previous edition was developed from lecture notes for two one-semester courses for third-year science and actuarial students at the University of Melbourne. This book reviews the basics of probability theory and presents topics on Markov chains, Markov decision processes, jump Markov processes, elements of queueing theory, basic renewal theory, elements of time series and simulation. It also features elements of stochastic calculus and introductory mathematical finance. This makes the book suitable for a larger variety of university courses presenting the fundamentals of modern stochastic modelling."--Back cover
Includes bibliographical references and index
