An Introduction to Stochastic Modeling

Name: An Introduction to Stochastic Modeling
Brand: Academic Press
SKU: 9780443315527
Price: 11132.0 INR
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by Gabriel Lord , Cónall Kelly

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ISBN13: 9780443315527
Binding: Paperback
Subject: N/A
Publisher: Academic Press
Publisher Imprint: Academic Press
Publication Date: December 31, 2025
Pages: 600
Original Price: USD 110.0
Language: English
Edition: 5 ed
Item Weight: 817 grams
BISAC Subject(s): Probability & Statistics / Stochastic Processes

About The Book

An Introduction to Stochastic Modeling, Fifth Edition bridges the gap between basic probability and an intermediate level course in stochastic processes, serving as the foundation for either a one-semester or two-semester course in stochastic processes for students familiar with elementary probability theory and calculus. The objectives are to introduce students to the standard concepts and methods of stochastic modeling, to illustrate the rich diversity of applications of stochastic processes in the applied sciences, and to provide an integrated treatment of theory, applications and practical implementation. A well-regarded resource for many years, the text is an ideal foundation for a broad range of students.

About The Author

Kelly, Cónall: -

Cónall Kelly is Senior Lecturer (Associate Professor) of Financial Mathematics and Chair of the BSc Financial Mathematics and Actuarial Science degree at University College Cork in Ireland. He has taught courses in stochastic analysis and modeling for over 15 years and is the author of the textbook Computation and Simulation for Finance: An Introduction with Python. His research focuses on the qualitative dynamics of stochastic difference and differential equations, the analysis of numerical methods for stochastic systems, and applications in finance and biology.

Lord, Gabriel: -

Gabriel J. Lord is Professor of Applied Analysis at Radboud University Nijmegen in the Netherlands since 2019. Prior to this, he was a Professor

at the Maxwell Institute in Edinburgh, UK which he joined after a couple of years in industry at the National Physical Laboratory, UK. With over

25 years teaching experience he has been giving lectures on elements of stochastic modeling for the last twenty years. He has co-authored Stochastic Methods in Neuroscience and An Introduction to Computational Stochastic PDEs. His research is in applied and computational mathematics and in particular

for stochastic systems and models.

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