Modelling and Application of Stochastic Processes

Stochastic processes have become a common tool for mathematicians, physicists, engineers, and the field of application of this theory ranges from the modeling of stock pricing, to a rational option pricing theory, to differential geometry. The book is concerned with concepts and techniques, and is oriented towards a broad spectrum of mathematical, scientific and engineering interests. In particular, this book gives an overview of some of the theoretical methods and tools for stochastic analysis, and it presents the applications of these methods to problems in systems theory, science, and economics.