{"product_id":"9783030789374","title":"Graduate Texts in Mathematics","description":"\u003ch1\u003eGraduate Texts in Mathematics\u003c\/h1\u003e \u003ch2\u003eBhattacharya, Rabi; Waymire, Edward C.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis textbook offers an approachable introduction to stochastic processes that explores the four pillars of random walk, branching processes, Brownian motion, and martingales. Building from simple examples, the authors focus on developing context and intuition before formalizing the theory of each topic. This inviting approach illuminates the key ideas and computations in the proofs, forming an ideal basis for further study.\u003c\/p\u003e\n\n\u003cp\u003eConsisting of many short chapters, the book begins with a comprehensive account of the simple random walk in one dimension. From here, different paths may be chosen according to interest. Themes span Poisson processes, branching processes, the Kolmogorov–Chentsov theorem, martingales, renewal theory, and Brownian motion. Special topics follow, showcasing a selection of important contemporary applications, including mathematical finance, optimal stopping, ruin theory, branching random walk, and equations of fluids. Engaging exercises accompany the theorythroughout.\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eRandom Walk, Brownian Motion, and Martingales\u003c\/i\u003e is an ideal introduction to the rigorous study of stochastic processes. Students and instructors alike will appreciate the accessible, example-driven approach. A single, graduate-level course in probability is assumed.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2021-09-21\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783030789374\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-030-78939-8\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 396\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":44499587072140,"sku":"9783030789374","price":71.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783030789374.jpg?v=1775712224","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783030789374","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}