Margins
Non-homogeneous Random Walks book cover
Non-homogeneous Random Walks
Lyapunov Function Methods for Near-Critical Stochastic Systems
2016
First Published
5.00
Average Rating
382
Number of Pages

Part of Series

Stochastic systems provide powerful abstract models for a variety of important real-life for example, power supply, traffic flow, data transmission. They (and the real systems they model) are often subject to phase transitions, behaving in one way when a parameter is below a certain critical value, then switching behaviour as soon as that critical value is reached. In a real system, we do not necessarily have control over all the parameter values, so it is important to know how to find critical points and to understand system behaviour near these points. This book is a modern presentation of the 'semimartingale' or 'Lyapunov function' method applied to near-critical stochastic systems, exemplified by non-homogeneous random walks. Applications treat near-critical stochastic systems and range across modern probability theory from stochastic billiards models to interacting particle systems. Spatially non-homogeneous random walks are explored in depth, as they provide prototypical near-critical systems.
Avg Rating
5.00
Number of Ratings
1
5 STARS
100%
4 STARS
0%
3 STARS
0%
2 STARS
0%
1 STARS
0%
goodreads

Authors

548 Market St PMB 65688, San Francisco California 94104-5401 USA
© 2025 Paratext Inc. All rights reserved