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This monograph gives a self-contained treatment of stochastic processes arising from models for queues, insurance risk, dams and data communication, using their sample function properties. The approach is based on the fluctuation theory of random walks, Levy processes, and Markov-additive processes, in which Wiener-Hopf factorization plays a central role.
The second edition includes results for the virtual waiting time and queue length in single server queues. The treatment of continuous time storage processes is thoroughly revised and simplified. Markov-modulated storage processes are included in Part III with application to data communication models. The book can be used as a text for an advanced course on applied probability models. The prerequisite is a graduate-level course in probability and stochastic processes.
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Subjects
Stochastic processes, Queuing theoryShowing 3 featured editions. View all 3 editions?
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1
Stochastic storage processes: queues, insurance risk, dams, and data communication
1998, Springer
in English
- 2nd ed.
0387982485 9780387982489
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2
Stochastic Storage Processes: Queues, Insurance Risks, and Dams
June 1981, Springer-Verlag
in English
0387905227 9780387905228
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Book Details
Edition Notes
Includes bibliographical references and index.
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- Created April 1, 2008
- 11 revisions
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