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Random Dynamical Systems

Name: Random Dynamical Systems
Brand: Cambridge University Press
SKU: 02045424
Price: 83.14 EUR
Availability: InStock
Author: Rabi BhattacharyaMukul Majumdar
ISBN: 9780521825658

Theory and Applications

Rabi BhattacharyaMukul Majumdar

Língua

Inglês

Livro Livro de capa dura

Código Libristo: 02045424

Editoras Cambridge University Press, janeiro 2007

This treatment provides an exposition of discrete time dynamic processes evolving over an infinite h... Descrição completa

Código Libristo: 02045424

201 b

83.14 €

Sob encomenda da editora Envio em 17-26 dias

Política de devolução de 30 dias

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This treatment provides an exposition of discrete time dynamic processes evolving over an infinite horizon. Chapter 1 reviews some mathematical results from the theory of deterministic dynamical systems, with particular emphasis on applications to economics. The theory of irreducible Markov processes, especially Markov chains, is surveyed in Chapter 2. Equilibrium and long run stability of a dynamical system in which the law of motion is subject to random perturbations is the central theme of Chapters 3-5. A unified account of relatively recent results, exploiting splitting and contractions, that have found applications in many contexts is presented in detail. Chapter 6 explains how a random dynamical system may emerge from a class of dynamic programming problems. With examples and exercises, readers are guided from basic theory to the frontier of applied mathematical research.