Random Walk, Brownian Motion, and Martingales

Name: Random Walk, Brownian Motion, and Martingales
Brand: Springer Nature
SKU: 9783030789374
Availability: InStock

Random Walk, Brownian Motion, and Martingales

Brand

Springer Nature

Manufacturer

N/A

Part Number

GTIN

9783030789374

Condition

New

0 Reviews

0 Questions | 0 Answers

Product Description

This textbook offers an approachable introduction to stochastic processes that explores the four pillars of random walk, branching processes, Brownian motion, and martingales. Building from simple examples, the authors focus on developing context and intuition before formalizing the theory of each topic. This inviting approach illuminates the key ideas and computations in the proofs, forming an ideal basis for further study. Consisting of many short chapters, the book begins with a comprehensive account of the simple random walk in one dimension. From here, different paths may be chosen according to interest. Themes span Poisson processes, branching processes, the KolmogorovChentsov theorem, martingales, renewal theory, and Brownian motion. Special topics follow, showcasing a selection of important contemporary applications, including mathematical finance, optimal stopping, ruin theory, branching random walk, and equations of fluids. Engaging exercises accompany the theorythroughout. Random Walk, Brownian Motion, and Martingales is an ideal introduction to the rigorous study of stochastic processes. Students and instructors alike will appreciate the accessible, example-driven approach. A single, graduate-level course in probability is assumed.

Available Colors

N/A

Available Sizes

N/A

1 Offer Price Range: $54.99 - $54.99

BEST PRICE

Single Product Purchase

$49.50

@ Link.springer.com with extra coupon Get Coupon & BUY

Price Comparison

Seller	Contact Seller	List Price	On Sale	Shipping	Best Promo	Final Price	Volume Discount	Financing	Availability	Seller's Page
BEST PRICE 1 Product Purchase @ Link.springer.com Rate Seller This functionality is for registered users only. Go to Login/Register		$54.99	$54.99		10% OFF This deals requires coupon Get Code Here your10off @ Link.springer.com Deals Ends 31/08/2025	$49.50		See Site	In stock	Visit Store