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Understanding Markov Chains
- Examples and Applications
Engelsk Paperback
Understanding Markov Chains
- Examples and Applications
Engelsk Paperback

383 kr
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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. It also discusses classical topics such as recurrence and transience, stationary and limiting distributions, as well as branching processes. It first examines in detail two important examples (gambling processes and random walks) before presenting the general theory itself in the subsequent chapters. It also provides an introduction to discrete-time martingales and their relation to ruin probabilities and mean exit times, together with a chapter on spatial Poisson processes. The concepts presented are illustrated by examples, 138 exercises and 9 problems with their solutions.

Product detaljer
Sprog:
Engelsk
Sider:
372
ISBN-13:
9789811306587
Indbinding:
Paperback
Udgave:
ISBN-10:
9811306583
Kategori:
Udg. Dato:
15 aug 2018
Længde:
23mm
Bredde:
235mm
Højde:
155mm
Forlag:
Springer Verlag, Singapore
Oplagsdato:
15 aug 2018
Forfatter(e):
Kategori sammenhænge