Download Essentials of Stochastic Processes by Richard Durrett (.PDF)

Essentials of Stochastic Processes (Third Edition) by Richard Durrett
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Overview: Building upon the previous editions, this textbook is a first course in stochastic processes taken by undergraduate and graduate students (MS and PhD students from math, statistics, economics, computer science, engineering, and finance departments) who have had a course in probability theory. It covers Markov chains in discrete and continuous time, Poisson processes, renewal processes, martingales, and option pricing. One can only learn a subject by seeing it in action, so there are a large number of examples and more than 300 carefully chosen exercises to deepen the readers understanding.
Genre: Non-Fiction, Mathematics

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