ENGLISH

Applied Semi-Markov Processes

By Jacques Janssen , Raimondo Manca (auth.)

Book information

Publisher
Springer US
Year
2006
ISBN
978-0-387-29547-3, 978-0-387-29548-0
DOI
10.1007/0-387-29548-8
Language
english
Format
PDF
Filesize
3 MB (3275181 bytes)
Edition
1
Pages
310\314
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Probability Theory and Stochastic Processes; MatheReliabilitySafety and Risk; Finance /Banking

Description

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. The book presents homogeneous and non-homogeneous semi-Markov processes, as well as Markov and semi-Markov rewards processes. These concepts are fundamental for many applications, but they are not as thoroughly presented in other books on the subject as they are here. Audience This book is intended for graduate students and researchers in mathematics, operations research and engineering; it might also appeal to actuaries and financial managers, and anyone interested in its applications for banks, mechanical industries for reliability aspects, and insurance companies.

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