1.

Record Nr.

UNINA9910300150103321

Autore

Mitov Kosto V

Titolo

Renewal Processes / / by Kosto V. Mitov, Edward Omey

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2014

ISBN

3-319-05855-X

Edizione

[1st ed. 2014.]

Descrizione fisica

1 online resource (128 p.)

Collana

SpringerBriefs in Statistics, , 2191-544X

Disciplina

519.233

Soggetti

Probabilities

StatisticsĀ 

Probability Theory and Stochastic Processes

Statistical Theory and Methods

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references at the end of each chapters.

Nota di contenuto

Preface -- Renewal Processes -- Discrete Time Renewal Processes -- Extensions and Applications -- Appendix: Convolutions and Laplace Transforms.

Sommario/riassunto

This monograph serves as an introductory text to classical renewal theory and some of its applications for graduate students and researchers in mathematics and probability theory. Renewal processes play an important part in modeling many phenomena in insurance, finance, queuing systems, inventory control and other areas. In this book, an overview of univariate renewal theory is given and renewal processes in the non-lattice and lattice case are discussed. A pre-requisite is a basic knowledge of probability theory.