The Leading eBooks Store Online

for Kindle Fire, Apple, Android, Nook, Kobo, PC, Mac, Sony Reader ...

New to eBooks.com?

Learn more

Stopped Random Walks

Limit Theorems and Applications

Stopped Random Walks
Add to cart
US$ 49.95
(If any tax is payable it will be calculated and shown at checkout.)
Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. "Stopped Random Walks: Limit Theorems and Applications" shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimensional random walks, as well as how these results may be used in a variety of applications. The present second edition offers updated content and an outlook on further results, extensions and generalizations. A new chapter introduces nonlinear renewal processes and the theory of perturbed random walks, which are modeled as random walks plus 'noise'. This self-contained research monograph is motivated by numerous examples and problems. With its concise blend of material and over 300 bibliographic references, the book provides a unified and fairly complete treatment of the area. The book may be used in the classroom as part of a course on 'probability theory', 'random walks' or 'random walks and renewal processes', as well as for self-study.
Springer; January 2009
272 pages; ISBN 9780387878355
Read online, or download in secure PDF format