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9780123985521

A First Course in Stochastic Processes, Second Edition

A First Course in Stochastic Processes, Second Edition
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  • ISBN-13: 9780123985521
  • ISBN: 0123985528
  • Edition: 2
  • Publication Date: 1975
  • Publisher: Academic Press

AUTHOR

Samuel Karlin, Howard M. Taylor

SUMMARY

The purpose, level, and style of this new edition conform to the tenets set forth in the original preface. The authors continue with their tack of developing simultaneously theory and applications, intertwined so that they refurbish and elucidate each other. The authors have made three main kinds of changes. First, they have enlarged on the topics treated in the first edition. Second, they have added many exercises and problems at the end of each chapter. Third, and most important, they have supplied, in new chapters, broad introductory discussions of several classes of stochastic processes not dealt with in the first edition, notably martingales, renewal and fluctuation phenomena associated with random sums, stationary stochastic processes, and diffusion theory.Samuel Karlin is the author of 'A First Course in Stochastic Processes, Second Edition', published 1975 under ISBN 9780123985521 and ISBN 0123985528.

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