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Stopped Random Walks: Limit Theorems and Applications - Gut, Allan
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Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. Examples are sequential analysis, queueing theory, storage and inventory theory, insurance risk theory, reliability theory, and the theory of counters. Stopped Random Walks: Limit Theorems and Applications shows how this theory can be used to prove limit theorems for renewal counting processes, first passage ...

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Stopped Random Walks: Limit Theorems and Applications 2010, Springer, New York, NY

ISBN-13: 9781441927736

2nd edition

Trade paperback

Stopped Random Walks: Limit Theorems and Applications 2009, Springer, New York, NY

ISBN-13: 9780387878348

2nd 2009 edition

Hardcover

Stopped Random Walks: Limit Theorems and Applications 1987, Springer, New York, NY

ISBN-13: 9780387965901

Hardcover