Game theory involves multi-person decision making and differential dynamic game theory has been widely applied to n-person decision making problems, which are stimulated by a vast number of applicatio
This book gives a systematic introduction to the basic theory of financial mathematics, with an emphasis on applications of martingale methods in pricing and hedging of contingent claims, interest rat
This book is the first to present the application of the hybrid system theory to systems with EPCA (equations with piecewise continuous arguments). The hybrid system paradigm is a valuable modeling to
This book presents essential tools for modelling non-linear time series. The first part of the book describes the main standard tools of probability and statistics that directly apply to the time seri
This unique text for beginning graduate students gives a self-contained introduction to the mathematical properties of stochastics and presents their applications to Markov processes, coding theory, p
Originally published in 1977. Management is a dynamic process reflected in three essential functions: management of time, change and people. The book provides a bridging gap between quantitative theor
Originally published in 1977. Management is a dynamic process reflected in three essential functions: management of time, change and people. The book provides a bridging gap between quantitative theor
In recent years, there has been an increased interest in the field of healthcare delivery systems. Scientists and practitioners are constantly searching for ways to improve the safety, quality and eff
This concise, widely referenced monograph addresses an important topic in queuing theory: delays in queuing systems with one server. The book offers a general, rigorous presentation of mathematical th
The book provides the background on simulating copulas and multivariate distributions in general. It unifies the scattered literature on the simulation of various families of copulas (elliptical, Arch
Taking readers with a basic knowledge of probability and real analysis to the frontiers of a very active research discipline, this textbook provides all the necessary background from functional analys
This book combines the study of rhetoric, history, philosophy, philosophy of statistics and the culture of investing to discuss the foundations of stochastical predictability in investment theory. Bes
The author investigates the Cramer –Lundberg model, collecting the most interesting theorems and methods, which estimate probability of default for a company of insurance business. These offer differe
Three coherent parts form the material covered in this text, portions of which have not been widely covered in traditional textbooks. In this coverage the reader is quickly introduced to several diffe
