E-Books →Introduction to Stochastic Processes
Published by: book79 on 7-07-2025, 12:31 | 
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Free Download Introduction to Stochastic Processes: Queues, Finance, and Credit Risk
English | 2025 | ISBN: 9819761514 | 595 Pages | PDF EPUB (True) | 45 MB
This is an essential textbook for senior undergraduate and graduate students of statistics, stochastic processes, stochastic finance, and probability theory. It covers all the important notations of probability theory and stochastic processes that are crucial for students to overcome their initial challenges during their studies. It thoroughly discusses the concepts of stochastic processes, both Markov and non-Markov processes, as well as stochastic calculus. With a special focus on finance, the book dedicates three chapters to explore the applications of stochastic processes in options, credit risk and insurance.
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