Theory of Stochastic Processes

Theory of Stochastic Processes

With Applications to Financial Mathematics and Risk Theory

Mitwirkender: Gusak, Dmytro; Kulyk, Oleksii; Kukush, Oleksandr
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This book is a collection of exercises covering all the main topics in the modern theory of stochastic processes and its applications, including finance, actuarial mathematics, queuing theory, and risk theory.The aim of this book is to provide the reader with the theoretical and practical material necessary for deeper understanding of the main topics in the theory of stochastic processes and its related fields.The book is divided into chapters according to the various topics. Each chapter contains problems, hints, solutions, as well as a self-contained theoretical part which gives all the nece...