Springer Series in Synergetics

Stochastic Methods

A Handbook for the Natural and Social Sciences

Authors: Gardiner, Crispin

  • The leading reference text in the field for many years and continuously updated and expanded.
  • Features new sections and chapters on quantitative finance, adiabatic elimination and simulation methods.
  • Rewritten in many places for better clarity and more in-depth mathematical exposition
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Hardcover $109.99
price for USA
  • ISBN 978-3-540-70712-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $89.99
price for USA
  • ISBN 978-3-642-08962-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

This fourth edition of the classic text "A Handbook of Stochastic Methods" has been significantly augmented, thoroughly revised, and restructured to accomodate the new material within a systematic logical framework. This new edition adheres the original aim: "to make available in simple language and deductive form, the many formulae and methods that can be found in the literature on stochastic methods."

A new chapter on the applications of stochastic methods in finance provides an introduction to this field using the same simple kind of language as the other parts of the book. This chapter also includes an introduction to Lévy processes, which have found to be very useful in simulating financial systems where more accuracy is required than is available from simple Brownian motion models. New material is also provided on the approach to the white noise limit, on the applications of Poisson representation methods to population dynamics, and on several other applications of stochastic methods.

From the reviews of previous editions

"Extremely well written and informative... clear, complete, and fairly rigorous treatment of a larger number of very basic concepts in stochastic theory." (Journal of Quantum Electronics)

"A first class book." (Optica Acta)

"Ideal for people who need a clear introduction to stochastic mathematics and their applications in physical sciences… an excellent self study and reference book." (Quantnotes.com)

"This well-established volume takes a supreme position [among the many books on the subject].. This extremely valuable contribution to the field of applied stochastic methods can be recommended to graduate students, researchers, and university teachers." (Optimization)

Reviews

From the reviews of the fourth edition:

“This is the fourth edition of a textbook intended for everyone interested in practising stochastic processes. … this fourth one is ‘thoroughly revised and augmented, and has been completely reset. … this new edition is designed to cater better for the wider readership as well as to those [he] originally had in mind’. … The bibliography is well presented, with a list of the references cited in each chapter, a commented global bibliography and an author index.” (Yves Elskens, Belgian Physical Society Magazine, Issue 2, 2012)


Buy this book

Hardcover $109.99
price for USA
  • ISBN 978-3-540-70712-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $89.99
price for USA
  • ISBN 978-3-642-08962-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Stochastic Methods
Book Subtitle
A Handbook for the Natural and Social Sciences
Authors
Series Title
Springer Series in Synergetics
Series Volume
13
Copyright
2009
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
Hardcover ISBN
978-3-540-70712-7
Softcover ISBN
978-3-642-08962-6
Series ISSN
0172-7389
Edition Number
4
Number of Pages
XVIII, 447
Topics