A First Course in Stochastic Models av Henk C. (Vrije University The Netherlands) Tijms

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The field of applied probability has changed profoundly in the past twenty years. The development of computational methods has greatly contributed to a better understanding of the theory. <i>A First Course in Stochastic Models</i> provides a self-contained introduction to the theory and applications of stochastic models. Emphasis is placed on establishing the theoretical foundations of the subject, thereby providing a framework in which the applications can be understood. Without this solid basis in theory no applications can be solved. <ul><li>Provides an introduction to the use of stochastic models through an integrated presentation of theory, algorithms and applications.</li><li>Incorporates recent developments in computational probability.</li><li>Includes a wide range of examples that illustrate the models and make the methods of solution clear.</li><li>Features an abundance of motivating exercises that help the student learn how to apply the theory.</li><li>Accessible to anyone w