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Springer Fluctuations of Levy Processes with Applications - Springer

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Description

This Springer mathematics text explores Levy processes through the lens of path fluctuations, providing essential theory and practical applications for advanced students and researchers. The book systematically examines how Levy processes behave by decomposing paths in terms of excursions from the running maximum, offering deep insight into both short-term and long-term behaviour patterns. Ideal for those studying applied mathematics, stochastic processes, or financial mathematics, this Universitext volume combines rigorous mathematical foundations with real-world problem-solving approaches. Whether you are preparing for doctoral-level work or seeking to deepen your understanding of stochastic analysis, this comprehensive introduction to Levy process fluctuations serves as both a learning resource and a reference for advanced theoretical and practical applications in mathematics.

Key Features

Springer's Universitext series presents Levy processes through rigorous examination of path fluctuation theory and applications.

The book decomposes Levy process paths using excursions from the running maximum to reveal underlying structure.

Covers both short-term and long-term behaviour of Levy processes to build complete understanding of their dynamics.

Combines introductory lectures with applied mathematics focus, making advanced stochastic theory accessible to graduate students.

Essential reference for researchers working in probability theory, financial mathematics, and applied stochastic analysis.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
20 January 2014
Listed Since
28 May 2013

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