Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
Random Motions in Markov and Semi-Markov Random Environments 1 : Homogeneous Random Motions and their Applications, Hardback Book

Random Motions in Markov and Semi-Markov Random Environments 1 : Homogeneous Random Motions and their Applications Hardback

Hardback

Available to Order - This title is available to order, with delivery expected within 2 weeks

Description

This book is the first of two volumes on random motions in Markov and semi-Markov random environments.

This first volume focuses on homogenous random motions.

This volume consists of two parts, the first describing the basic concepts and methods that have been developed for random evolutions.

These methods are the foundational tools used in both volumes, and this description includes many results in potential operators.

Some techniques to find closed-form expressions in relevant applications are also presented.

The second part deals with asymptotic results and presents a variety of applications, including random motion with different types of boundaries, the reliability of storage systems and solutions of partial differential equations with constant coefficients, using commutative algebra techniques.

It also presents an alternative formulation to the Black-Scholes formula in finance, fading evolutions and telegraph processes, including jump telegraph processes and the estimation of the number of level crossings for telegraph processes.

Information

Other Formats

£137.95

Available to Order - This title is available to order, with delivery expected within 2 weeks
Add to Basket
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information