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The second volume concentrates on stochastic integrals stochastic differential equations excursion theory and the general theory of processes These subjects are made accessible in the many concrete examples that illustrate techniques of calculation and in the treatment of all topics from the ground up starting from simple cases Many of the examples and proofs are new some important calculational techniques appear for the first time in this book
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Now available in paperback this celebrated book remains a key systematic guide to a large part of the modern theory of Probability The authors not only present the subject of Brownian motion as a dry part of mathematical analysis but convey its real meaning and fascination The opening heuristic chapter does just this and it is followed by a comprehensive and selfcontained account of the foundations of theory of stochastic processes Chapter 3 is a lively presentation of the theory of Markov processes Together with its companion volume this book equips graduate students for research into a subject of great intrinsic interest and wide applications
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Now available in paperback this celebrated book remains a key systematic guide to a large part of the modern theory of Probability The authors not only present the subject of Brownian motion as a dry part of mathematical analysis but convey its real meaning and fascination The opening heuristic chapter does just this and it is followed by a comprehensive and selfcontained account of the foundations of theory of stochastic processes Chapter 3 is a lively presentation of the theory of Markov processes Together with its companion volume this book equips graduate students for research into a subject of great intrinsic interest and wide applications
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