01904fam a2200361 a 4500 2338438 BD-DhUL 20140908100728.0 990308s1999 nyu b 001 0 eng 99014733 038798836X (alk. paper) (OCoLC)41002674 (OCoLC)ocm41002674 (NNC)2338438 DLC DLC NNC OrLoB-B BD-DhUL QA274 .D87 1999 519.23 21 RIE Durrett, Richard, 1951- Essentials of stochastic processes / Rick Durrett. New York : Springer, c1999. 9908 vi, 281 p. ; 24 cm. USD 79.00 Springer texts in statistics Includes bibliographical references and index. Review of Probability -- 1. Markov Chains -- 2. Martingales -- 3. Poisson Processes -- 4. Continuous-Time Markov Chains -- 5. Renewal Theory -- 6. Brownian Motion. "This book is for a first course on stochastic processes to be taken by undergraduates or masters students who have had a course in probability theory, but who have not had a course in measure theory. It covers Markov chains in discrete and continuous time, Poisson processes, renewal theory, and Brownian motion and martingales. The last two topics are important for the brief treatment of option pricing."--BOOK JACKET. "The book presents only the essentials of the subject, the parts of the theory most important for applications. To allow readers to choose their own level of detail, many of the proofs begin with a nonrigorous answer to the question "Why is this true?" followed by a proof that fills in the missing details."--BOOK JACKET. Stochastic processes. Springer texts in statistics. AUTH TOC ddc BK 8650 8650 0 0 ddc 0 519_230000000000000_RIE 0 NFIC 15274 DUSL DUSL GEN 2002-01-28 purcheses 519.23 RIE 395461 2014-09-08 1 2014-09-08 BK