{"product_id":"9780387878348","title":"Stopped Random Walks: Limit Theorems and Applications","description":"\u003cp\u003eClassical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. Stopped Random Walks: Limit Theorems and Applications shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimensional random walks, as well as how these results may be used in a variety of applications.\u003c\/p\u003e\u003cp\u003eThe present second edition offers updated content and an outlook on further results, extensions and generalizations. A new chapter introduces nonlinear renewal processes and the theory of perturbed random walks, which are modeled as random walks plus \"noise\".\u003c\/p\u003e\u003cp\u003eThis self-contained research monograph is motivated by numerous examples and problems. With its concise blend of material and over 300 bibliographic references, the book provides a unified and fairly complete treatment of the area. The book may be used in the classroom as part of a course on \"probability theory\", \"random walks\" or \"random walks and renewal processes\", as well as for self-study. \u003c\/p\u003e\u003cp\u003eFrom the reviews:\u003c\/p\u003e\u003cp\u003e\"The book provides a nice synthesis of a lot of useful material.\"\u003c\/p\u003e\u003cp\u003e—American Mathematical Society\u003c\/p\u003e\u003cp\u003e\"...[a] clearly written book, useful for researcher and student.\" \u003c\/p\u003e\u003cp\u003e—Zentralblatt MATH\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Springer New York","offers":[{"title":"Default Title","offer_id":47011070902512,"sku":"9780387878348","price":59.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780387878348_p0.jpg?v=1763695958","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780387878348","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}