Bulletin of the London Mathematical Society Advance Access originally published online on January 16, 2007
Bulletin of the London Mathematical Society 2007 39(1):167-169; doi:10.1112/blms/bdl020
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© 2006 London Mathematical Society
Book Review |
Stochastic Processes and Models
By David Stirzaker: 331 pp., £65.00, ISBN 0-19-856813-4
(Oxford University Press, Oxford, 2005).
| The first 10% of the full text of this article appears below. |
This book presents a course in probability taught at Oxford University, and it gives, indeed, a concise introduction to simple (but the most important) stochastic processes and models. It does require, from the learner, some preliminary acquaintance with probability – without, however, measure theory and Lebesgue integration. These simple models are not, in fact, all at the same level of simplicity, so that some are not really quite elementary, for example, stochastic integration in the last chapter. Overall, there are five chapters (not counting number six, which contains hints and answers to certain exercises and problems). Of course, the courses at different universities differ, and for most programmes in ‘ordinary good universities’ this book may be considered as a good source for postgraduate courses, although a few particular parts, such as discrete Markov chains, could be used for undergraduates.
University of Leeds