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English
Chapman & Hall/CRC
26 April 2002
A thorough grounding in Markov chains and martingales is essential in dealing with many problems in applied

probability, and is a gateway to the more complex situations encountered in the study of stochastic processes. Exercises are a fundamental and valuable training tool that deepen students' understanding of theoretical principles and prepare

them to tackle real problems.

In addition to a quick but thorough exposition of the theory, Martingales and Markov Chains: Solved Exercises and Elements of Theory presents, more than 100 exercises related to martingales and Markov chains with a countable state space, each with a full and detailed solution. The authors begin with a review of the basic notions

of conditional expectations and stochastic processes, then set the stage for each set of exercises by recalling the relevant elements of the theory. The exercises range in difficulty from the elementary, requiring use of the basic theory, to the more advanced, which challenge the reader's initiative. Each section also contains a set of problems that open the door to specific applications. Designed for senior undergraduate- and graduate level students, this text goes

well beyond merely offering hints for solving the exercises, but it is much more than just a solutions manual. Within its solutions, it provides frequent references to the relevant theory, proposes alternative ways of approaching the problem, and discusses and compares the arguments involved.

By:   , , , , , ,
Imprint:   Chapman & Hall/CRC
Country of Publication:   United States
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 11mm
Weight:   370g
ISBN:   9781584883296
ISBN 10:   1584883294
Pages:   200
Publication Date:  
Audience:   College/higher education ,  Professional and scholarly ,  Professional & Vocational ,  Primary ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active

Baldi, Paolo

Reviews for Martingales and Markov Chains: Solved Exercises and Elements of Theory

Here is an outstanding technical monograph on recursive number theory and its numerous automated techniques. It successfully passes a critical milestone not allowed to many books, viz., a second edition. Many good things have happened to computational number theory during the ten years since the first edition appeared and the author includes their highlights in great depth. Several major sections have been rewritten and totally new sections have been added. The new material includes advances on applications of the elliptic curve method, uses of the number field sieve, and two new appendices on the basics of higher algebraic number fields and elliptic curves. Further, the table of prime factors of Fermat numbers has been significantly up-dated. ...Several other tables have been added so as to provide data to look for large prime factors of certain 'generalized' Fermat numbers, while several other tables on special numbers were simply deleted in the second edition. Still one can make several perplexing assertions or challenges: (1) prove that F\sb 5, F\sb 6, F\sb 7, F\sb 8 are the only four consecutive Fermat numbers which are bi-composite; (2) Show that F\sb{14} is bi- composite. (This accounts for the difficulty in finding a prime factor for it.) (3) What is the smallest Fermat quadri-composite?; and (4) Does there exist a Fermat number with an arbitrarily prescribed number of prime factors? All in all, this handy volume continues to be an attractive combination of number-theoretic precision, practicality, and theory with a rich blend of computer science. <p>a Zentralblatt Math


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