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Study Stopped Random Walks: Limit Theorems and Applications

Posted on 2010-03-16




Name:Study Stopped Random Walks: Limit Theorems and Applications
ASIN/ISBN:0387878343
Language:English
File size:1.9 Mb
Publish Date: 2009-02-27
ISBN: 0387878343
Pages: 258 pages
File Type: PDF
File Size: 1,9 MB
Other Info: Springer
   Study Stopped Random Walks: Limit Theorems and Applications

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Allan Gut "Stopped Random Walks: Limit Theorems and Applications"

Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. Stopped Random Walks: Limit Theorems and Applications shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimensional random walks, as well as how these results may be used in a variety of applications.

The present second edition offers updated content and an outlook on further results, extensions and generalizations. A new chapter introduces nonlinear renewal processes and the theory of perturbed random walks, which are modeled as random walks plus "noise".

This self-contained research monograph is motivated by numerous examples and problems. With its concise blend of material and over 300 bibliographic references, the book provides a unified and fairly complete treatment of the area. The book may be used in the classroom as part of a course on "probability theory", "random walks" or "random walks and renewal processes", as well as for self-study.

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