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Wiley Markov Chains: Theory and Applications (Iste)

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£107.20 £103.68 £104.45 £105.22 £105.98 £106.75 £107.52 25 July 2026 11 August 2026 29 August 2026 15 September 2026 03 October 2026
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Description

Markov Chains: Theory and Applications Markov chains are a fundamental class of stochastic processes. They are widely used to solve problems in a large number of domains such as operational research, computer science, communication networks and manufacturing systems. The success of Markov chains is mainly due to their simplicity of use, the large number of available theoretical results and the quality of algorithms developed for the numerical evaluation of many metrics of interest. The author presents the theory of both discrete-time and continuous-time homogeneous Markov chains. He carefully examines the explosion phenomenon, the Kolmogorov equations, the convergence to equilibrium and the passage time distributions to a state and to a subset of states. These results are applied to birth-and-death processes. He then proposes a detailed study of the uniformization technique by means of Banach algebra. This technique is used for the transient analysis of several queuing systems.

Product Specifications

Brand
Wiley
Format
hardcover
Domain
Amazon UK
Release Date
26 July 2013
Listed Since
01 January 2013

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