{"product_id":"9781461265016","title":"Stochastic Calculus: Applications in Science and Engineering","description":"\u003ch1\u003eStochastic Calculus: Applications in Science and Engineering\u003c\/h1\u003e \u003ch2\u003eGrigoriu, Mircea\u003c\/h2\u003e \u003cp\u003eAlgebraic, differential, and integral equations are used in the applied sciences, en­ gineering, economics, and the social sciences to characterize the current state of a physical, economic, or social system and forecast its evolution in time. Generally, the coefficients of and\/or the input to these equations are not precisely known be­ cause of insufficient information, limited understanding of some underlying phe­ nomena, and inherent randonmess. For example, the orientation of the atomic lattice in the grains of a polycrystal varies randomly from grain to grain, the spa­ tial distribution of a phase of a composite material is not known precisely for a particular specimen, bone properties needed to develop reliable artificial joints vary significantly with individual and age, forces acting on a plane from takeoff to landing depend in a complex manner on the environmental conditions and flight pattern, and stock prices and their evolution in time depend on a large number of factors that cannot be described by deterministic models. Problems that can be defined by algebraic, differential, and integral equations with random coefficients and\/or input are referred to as stochastic problems. The main objective of this book is the solution of stochastic problems, that is, the determination of the probability law, moments, and\/or other probabilistic properties of the state of a physical, economic, or social system. It is assumed that the operators and inputs defining a stochastic problem are specified.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Birkhäuser\u003c\/p\u003e \u003cp\u003ePublication Date: 2013-12-13\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781461265016\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-0-8176-8228-6\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 775\u003c\/p\u003e ","brand":"Birkhäuser Boston","offers":[{"title":"Default Title","offer_id":46546504122508,"sku":"9781461265016","price":89.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781461265016.jpg?v=1775792831","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781461265016","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}