Introduction to Stochastic Processes: Queues, Finance, and Credit Risk (University Texts in the Mathematical Sciences)
This university-level introduction presents stochastic processes through the connected subjects of queues, finance, and credit risk. It offers an academic foundation for readers studying mathematical models of uncertainty and their applications in operations, financial analysis, and risk-related contexts.
About This Book
This university-level text introduces stochastic processes, a mathematical framework for modeling systems that evolve with uncertainty over time.
The book focuses on applications involving queues, financial settings, and credit risk.
Its subject coverage connects foundational mathematical ideas with areas of study in operations, finance, and risk analysis.
Suitable for academic readers seeking an introduction to these topics within the mathematical sciences.
Reviews
No reviews yet. Be the first to review this book!