0
Your cart

Your cart is empty

Books > Business & Economics > Finance & accounting > Finance > Insurance

Buy Now

Levy Processes - Theory and Applications (Hardcover, 2001 ed.) Loot Price: R5,449
Discovery Miles 54 490
Levy Processes - Theory and Applications (Hardcover, 2001 ed.): Ole E. Barndorff-Nielsen, Thomas Mikosch, Sidney I. Resnick

Levy Processes - Theory and Applications (Hardcover, 2001 ed.)

Ole E. Barndorff-Nielsen, Thomas Mikosch, Sidney I. Resnick

 (sign in to rate)
Loot Price R5,449 Discovery Miles 54 490 | Repayment Terms: R511 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

A Levy process is a continuous-time analogue of a random walk, and as such, is at the cradle of modern theories of stochastic processes. Martingales, Markov processes, and diffusions are extensions and generalizations of these processes. In the past, representatives of the Levy class were considered most useful for applications to either Brownian motion or the Poisson process. Nowadays the need for modeling jumps, bursts, extremes and other irregular behavior of phenomena in nature and society has led to a renaissance of the theory of general Levy processes. Researchers and practitioners in fields as diverse as physics, meteorology, statistics, insurance, and finance have rediscovered the simplicity of Levy processes and their enormous flexibility in modeling tails, dependence and path behavior.

This volume, with an excellent introductory preface, describes the state-of-the-art of this rapidly evolving subject with special emphasis on the non-Brownian world. Leading experts present surveys of recent developments, or focus on some most promising applications. Despite its special character, every topic is aimed at the non- specialist, keen on learning about the new exciting face of a rather aged class of processes. An extensive bibliography at the end of each article makes this an invaluable comprehensive reference text. For the researcher and graduate student, every article contains open problems and points out directions for futurearch.

The accessible nature of the work makes this an ideal introductory text for graduate seminars in applied probability, stochastic processes, physics, finance, and telecommunications, and a unique guide to the world of Levy processes.

"

General

Imprint: Birkhauser Boston
Country of origin: United States
Release date: March 2001
First published: April 2001
Editors: Ole E. Barndorff-Nielsen • Thomas Mikosch • Sidney I. Resnick
Dimensions: 254 x 178 x 23mm (L x W x T)
Format: Hardcover
Pages: 418
Edition: 2001 ed.
ISBN-13: 978-0-8176-4167-2
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Science & Mathematics > Physics > General
Books > Science & Mathematics > Mathematics > Applied mathematics > Stochastics
Books > Business & Economics > Finance & accounting > Finance > Insurance > General
Books > Money & Finance > Insurance > General
Promotions
LSN: 0-8176-4167-X
Barcode: 9780817641672

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Fundamentals Of Insurance
Johan Marx, Frank Van Der Meer Paperback R834 Discovery Miles 8 340
Making Money Out Of Property In South…
Jason Lee Paperback  (3)
R370 R342 Discovery Miles 3 420
The Effortless Keto Diet Cookbook…
Robert Thompson Hardcover R908 Discovery Miles 9 080
The Complete Air Fryer Cookbook - 800…
Dora Johnson Hardcover R885 Discovery Miles 8 850
Combined Transport Documents - A…
John Richardson Hardcover R5,351 Discovery Miles 53 510
Life Assurance Company Management - A…
Brian Benfield Paperback R495 R457 Discovery Miles 4 570
Principles of Risk Management and…
George Rejda, Michael McNamara Paperback R2,160 Discovery Miles 21 600
Insurable Interest and the Law
Franziska Arnold-Dwyer Paperback R1,356 Discovery Miles 13 560
Nexus of Care - Fulfilling the Promise…
Phillip Berry Hardcover R875 Discovery Miles 8 750
Global Risk and Contingency Management…
Narasimha Rao Vajjhala, Kenneth David Strang Hardcover R7,211 Discovery Miles 72 110
Masters of Uncertainty - Risk Management…
Rainer Petek Hardcover R1,009 Discovery Miles 10 090
Risk Communication for the Future
Corinne Bieder, Mathilde Bourrier Hardcover R1,397 Discovery Miles 13 970

See more

Partners