Understanding Markov Chains
Download and Read Understanding Markov Chains full books in PDF, ePUB, and Kindle. Read online free Understanding Markov Chains ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Understanding Markov Chains
Author | : Nicolas Privault |
Publisher | : Springer |
Total Pages | : 379 |
Release | : 2018-08-03 |
Genre | : Mathematics |
ISBN | : 9811306591 |
Download Understanding Markov Chains Book in PDF, Epub and Kindle
This book provides an undergraduate-level introduction to discrete and continuous-time Markov chains and their applications, with a particular focus on the first step analysis technique and its applications to average hitting times and ruin probabilities. It also discusses classical topics such as recurrence and transience, stationary and limiting distributions, as well as branching processes. It first examines in detail two important examples (gambling processes and random walks) before presenting the general theory itself in the subsequent chapters. It also provides an introduction to discrete-time martingales and their relation to ruin probabilities and mean exit times, together with a chapter on spatial Poisson processes. The concepts presented are illustrated by examples, 138 exercises and 9 problems with their solutions.
Understanding Markov Chains Related Books
Pages: 379
Pages: 237
Pages: 260
Pages: 252
Pages: 561