Many issues of global importance reveal an urgent need for a new generation trained to understand the mathematics of complex systems. This... Læs mere
This book provides an undergraduate-level introduction to discrete and continuous-time Markov chains and their applications, with a particular focus on the first step analysis technique and its applications to average hitting times and ruin probabilities.
This book serves as a concise introductory text on stochastic dynamics for applied mathematicians. Rich with examples, illustrations, and exercises... Læs mere
This book constitutes the refereed proceedings of the 24th... Læs mere
This guide helps undergraduate and graduate students convert pure mathematics into understanding and facility with a host of... Læs mere
The goal of this book is to present Stochastic Calculus at an introductory level and not at its maximum mathematical detail.
This textbook will present, in a rigorous way, the basic theory of the discrete-time and the continuous-time Markov chains, along with many examples and... Læs mere