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 Dynamical Systems : Theory and Applications, PDF eBook

Random Dynamical Systems : Theory and Applications PDF

PDF

Download - Immediately Available
Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.

Description

This treatment provides an exposition of discrete time dynamic processes evolving over an infinite horizon.

Chapter 1 reviews some mathematical results from the theory of deterministic dynamical systems, with particular emphasis on applications to economics.

The theory of irreducible Markov processes, especially Markov chains, is surveyed in Chapter 2.

Equilibrium and long run stability of a dynamical system in which the law of motion is subject to random perturbations is the central theme of Chapters 3-5.

A unified account of relatively recent results, exploiting splitting and contractions, that have found applications in many contexts is presented in detail.

Chapter 6 explains how a random dynamical system may emerge from a class of dynamic programming problems.

With examples and exercises, readers are guided from basic theory to the frontier of applied mathematical research.

Information

Save 15%

£41.99

£35.69

Download - Immediately Available
Add to Basket
Sign in to add to wishlist
 
Delivered to your inbox

to transfer to your device

eBook Help

Is this the right eBook for
my device? How do I download
this eBook? See help and FAQs pages

Information