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Understanding Markov Chains

Examples And Applications

by Nicolas Privault
language: english
Publisher: SPRINGER VERLAG, SINGAPORE, May of 2026 ‧
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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 the computation of average hitting times and ruin probabilities.

Understanding Markov Chains

Examples And Applications

by Nicolas Privault

Property Description
ISBN: 9789819540563
Publisher: SPRINGER VERLAG, SINGAPORE
Release Date: May of 2026
Language: English
Dimensions: 155 x 235 x 20 mm
Cover: Softcover
Pages: 366
Format: Book
Collection: Springer Undergraduate Mathematics Series
Categories: Books in English > Science > Mathematics
EAN: 9789819540563

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