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Markov Chains and Stochastic Stability (Paperback, 1993 ed.)
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Markov Chains and Stochastic Stability (Paperback, 1993 ed.)
Series: Communications and Control Engineering
Expected to ship within 10 - 15 working days
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Markov Chains and Stochastic Stability is part of the
"Communications and Control Engineering Series" ("CCES") edited by
Professors B.W. Dickinson, E.D. Sontag, M. Thoma, A. Fettweis, J.L.
Massey and J.W. Modestino. The area of Markov chain theory and
application has matured over the past 20 years into something more
accessible and complete. It is of increasing interest and
importance. This publication deals with the action of Markov chains
on general state spaces. It discusses the theories and the use to
be gained, concentrating on the areas of engineering, operations
research and control theory. Throughout, the theme of stochastic
stability and the search for practical methods of verifying such
stability, provide a new and powerful technique. This does not only
affect applications but also the development of the theory itself.
The impact of the theory on specific models is discussed in detail,
in order to provide examples as well as to demonstrate the
importance of these models. Markov Chains and Stochastic Stability
can be used as a textbook on applied Markov chain theory, provided
that one concentrates on the main aspects only. It is also of
benefit to graduate students with a standard background in
countable space stochastic models. Finally, the book can serve as a
research resource and active tool for practitioners.
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