{"product_id":"stochastic-processes-and-models-9780198568148","title":"Stochastic Processes and Models","description":"\u003cp\u003e • Author(s): David Stirzaker\u003cbr\u003e • Publisher: OUP Oxford\u003cbr\u003e • Publisher Imprint: OUP Oxford\u003cbr\u003e • BISAC: Probability \u0026amp; Statistics - Multivariate Analysis\u003c\/p\u003e\u003cp\u003e\u003cem\u003eStochastic Processes and Models\u003c\/em\u003e provides a concise and lucid introduction to simple stochastic processes and models. Including numerous exercises, problems and solutions, it covers the key concepts and tools, in particular: randon walks, renewals, Markov chains, martingales, the Wiener process model for Brownian motion, and diffusion processes, concluding with a brief account of the stochastic integral and stochastic differential equations as they arise in option-pricing. The text has been thoroughly class-tested and is ideal for an undergraduate second course in probability for students of statistics, mathematics, finance and operational research.\u003c\/p\u003e","brand":"OUP Oxford","offers":[{"title":"Paperback","offer_id":47781014569111,"sku":"9780198568148","price":7327.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780198568148.webp?v=1778049890","url":"https:\/\/atlanticbooks.com\/products\/stochastic-processes-and-models-9780198568148","provider":"Atlantic Books","version":"1.0","type":"link"}