Applied Semi-Markov Processes

Aims to give to the reader the tools necessary to apply semi-Markov processes in real-life problems.
The book is self-contained and, starting from a low level of probability concepts, gradually brings the reader to a deep knowledge of semi-Markov processes.
Presents homogeneous and non-homogeneous semi-Markov processes, as well as Markov and semi-Markov rewards processes.
The concepts are fundamental for many applications, but they are not as thoroughly presented in other books on the subject as they are here.

List of contents

Probability Tools for Stochastic Modelling.- Renewal Theory.- Markov Chains.- Markov Renewal Processes, Markov Random Walks and Semi-Markov Processes.- Functionals of (J-X) Processes.- Non-Homogeneous Markov and Semi-Markov Processes.- Markov and Semi-Markov Reward Processes.

Summary

Aims to give to the reader the tools necessary to apply semi-Markov processes in real-life problems.

The book is self-contained and, starting from a low level of probability concepts, gradually brings the reader to a deep knowledge of semi-Markov processes.

Presents homogeneous and non-homogeneous semi-Markov processes, as well as Markov and semi-Markov rewards processes.

The concepts are fundamental for many applications, but they are not as thoroughly presented in other books on the subject as they are here.

Product details

• Authors: Jacque Janssen, Jacques Janssen, Raimondo Manca
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Released: 13.01.2006
• EAN: 9780387295473
• ISBN: 978-0-387-29547-3
• No. of pages: 310
• Weight: 676 g
• Illustrations: XII, 310 p.
• Subjects: Natural sciences, medicine, IT, technology > Mathematics > Probability theory, stochastic theory, mathematical statistics; C, Finance, Finance, general, Public Economics, Mathematics and Statistics, Applications of Mathematics, quality control, Industrial and Production Engineering, Probability Theory and Stochastic Processes, reliability, Probabilities, Stochastics, Probability Theory, Engineering mathematics, Applied mathematics, Maths for engineers, Mathematical modelling, Public finance, Industrial safety, Quality Control, Reliability, Safety and Risk, Reliability engineering, Public finance & taxation, Mathematical Modeling and Industrial Mathematics, Mathematical models