Application of random processes

Author: Liu Jiakun
Publisher:
Publish Date: 2004-07-01
Features: In this edition, the author emphasizes the practical background of theory and an applied writing style, making it easier for readers from different fields to grasp this challenging mathematical domain, which has contributed to its popularity. In the second edition, the author continues to uphold this writing style and adds new content, such as Markov chains, the application of stochastic differential equations in financial engineering, and time series analysis, including the author's own research findings. The main content of this book includes fundamental concepts of stochastic processes, Markov processes, stochastic analysis, stochastic differential equations, and stationary processes. The target readers of this book are graduate students, teachers, senior university students, as well as scientific and technological workers in fields such as engineering disciplines at higher education institutions, mathematics, physics, chemistry, biological engineering, information management, economics, and finance.