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 »
Informal Introduction To Stochastic Calculus With Applications, An, Paperback / softback Book

Informal Introduction To Stochastic Calculus With Applications, An Paperback / softback

Paperback / softback

Only a few left - usually despatched within 24 hours

Description

Most branches of science involving random fluctuations can be approached by Stochastic Calculus.

These include, but are not limited to, signal processing, noise filtering, stochastic control, optimal stopping, electrical circuits, financial markets, molecular chemistry, population dynamics, etc.

All these applications assume a strong mathematical background, which in general takes a long time to develop. Stochastic Calculus is not an easy to grasp theory, and in general, requires acquaintance with the probability, analysis and measure theory.The goal of this book is to present Stochastic Calculus at an introductory level and not at its maximum mathematical detail.

The author's goal was to capture as much as possible the spirit of elementary deterministic Calculus, at which students have been already exposed.

This assumes a presentation that mimics similar properties of deterministic Calculus, which facilitates understanding of more complicated topics of Stochastic Calculus.The second edition contains several new features that improved the first edition both qualitatively and quantitatively.

First, two more chapters have been added, Chapter 12 and Chapter 13, dealing with applications of stochastic processes in Electrochemistry and global optimization methods.This edition contains also a final chapter material containing fully solved review problems and provides solutions, or at least valuable hints, to all proposed problems.

The present edition contains a total of about 250 exercises.This edition has also improved presentation from the first edition in several chapters, including new material.

Information

Save 5%

£70.00

£66.05

Only a few left - usually despatched within 24 hours
Add to Basket
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information