{"product_id":"elements-of-random-walk-and-diffusion-processes","title":"Elements of Random Walk and Diffusion Processes","description":"\u003cp\u003e\u003cb\u003ePresents an important and unique introduction to random walk theory\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRandom walk is a stochastic process that has proven to be a useful model in understanding discrete-state discrete-time processes across a wide spectrum of scientific disciplines. \u003ci\u003eElements of Random Walk and Diffusion Processes \u003c\/i\u003eprovides an interdisciplinary approach by including numerous practical examples and exercises with real-world applications in operations research, economics, engineering, and physics.\u003c\/p\u003e \u003cp\u003eFeaturing an introduction to powerful and general techniques that are used in the application of physical and dynamic processes, the book presents the connections between diffusion equations and random motion. Standard methods and applications of Brownian motion are addressed in addition to Levy motion, which has become popular in random searches in a variety of fields. The book also covers fractional calculus and introduces percolation theory and its relationship to diffusion processes.\u003c\/p\u003e \u003cp\u003eWith a strong emphasis on the relationship between random walk theory and diffusion processes, \u003ci\u003eElements of Random Walk and Diffusion Processes \u003c\/i\u003efeatures:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eBasic concepts in probability, an overview of stochastic and fractional processes, and elements of graph theory\u003c\/li\u003e \u003cli\u003eNumerous practical applications of random walk across various disciplines, including how to model stock prices and gambling, describe the statistical properties of genetic drift, and simplify the random movement of molecules in liquids and gases\u003c\/li\u003e \u003cli\u003eExamples of the real-world applicability of random walk such as node movement and node failure in wireless networking, the size of the Web in computer science, and polymers in physics\u003c\/li\u003e \u003cli\u003ePlentiful examples and exercises throughout that illustrate the solution of many practical problems\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eElements of Random Walk and Diffusion Processes \u003c\/i\u003eis an ideal reference for researchers and professionals involved in operations research, economics, engineering, mathematics, and physics. The book is also an excellent textbook for upper-undergraduate and graduate level courses in probability and stochastic processes, stochastic models, random motion and Brownian theory, random walk theory, and diffusion process techniques.\u003c\/p\u003e","brand":"None","offers":[{"title":"Hardcover","offer_id":46202135085266,"sku":"9781118618097","price":151.95,"currency_code":"CAD","in_stock":true},{"title":"Kobo eBook","offer_id":46202135118034,"sku":"2cc79453-6125-39d2-8daf-6a6f2313b796","price":121.99,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_ee4ee8da-92db-4b44-82d9-47a9d352a2cf.jpg?v=1763316923","url":"https:\/\/www.indigo.ca\/products\/elements-of-random-walk-and-diffusion-processes","provider":"Indigo","version":"1.0","type":"link"}