{"product_id":"9780470624555","title":"Probability and Stochastic Processes","description":"\u003ch1\u003eProbability and Stochastic Processes\u003c\/h1\u003e\u003ch3\u003eIonut Florescu\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eMathematics \/ Probability \u0026amp; Statistics \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003eA comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications\u003c\/b\u003e\u003cb\u003e\u003cbr\u003e \u003cbr\u003e \u003c\/b\u003eWith a sophisticated approach, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e successfully balances theory and applications in a pedagogical and accessible format. The book’s primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes.\u003cbr\u003e \u003cbr\u003e Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e also includes:\u003cbr\u003e \u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eMultiple examples from disciplines such as business, mathematical finance, and engineering\u003c\/li\u003e \u003cli\u003eChapter-by-chapter exercises and examples to allow readers to test their comprehension of the presented material\u003c\/li\u003e \u003cli\u003eA rigorous treatment of all probability and stochastic processes concepts\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003e An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.\u003c\/div\u003e\u003cdiv\u003e \u003cp\u003e\u003cb\u003eIonut Florescu, PhD, \u003c\/b\u003eis Research Associate Professor of Financial Engineering and Director of the Hanlon Financial Systems Lab at Stevens Institute of Technology. His areas of research interest include stochastic volatility, stochastic partial differential equations, Monte Carlo methods, and numerical methods for stochastic processes. He is also the coauthor of \u003ci\u003eHandbook of Probability \u003c\/i\u003eand coeditor of \u003ci\u003eHandbook of Modeling High-Frequency Data in Finance\u003c\/i\u003e, both published by Wiley.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e27 October 2014\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780470624555\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e576\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e31.36\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44310881370252,"sku":"9780470624555","price":138.56,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780470624555.jpg?v=1780204818","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780470624555","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}