Fluctuation Theory for Lévy Processes: Ecole d'Eté de Probabilités de Saint-Flour XXXV - 2005

By Ronald A. Doney

L vy processes, that is, processes in continuous time with stationary and independent increments, form a flexible class of models, which have been applied to the study of storage processes, insurance risk, queues, turbulence, laser cooling, and of course finance, where they include particularly important examples having "heavy tails." Their sample path behaviour poses a variety of challenging and fascinating problems, which are addressed in detail.

• Format: Paperback
• Language: English
• ISBN: 3540485104
• ISBN13: 9783540485100
• Release Date: April 2007
• Publisher: Springer
• Length: 155 Pages
• Weight: 0.56 lbs.
• Dimensions: 0.4" x 9.3" x 6.6"