Stochastic Differential Equations An Introduction with Applications

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Synopsis

From the reviews to the first edition:
Most of the literature about stochastic differential
equations seems to place so much emphasis on rigor and
completeness that it scares the nonexperts away. These notes
are an attempt to approach the subject from the nonexpert
point of view.: Not knowing anything ... about a subject to
start with, what would I like to know first of all. My
answer would be: 1) In what situations does the subject
arise ? 2) What are its essential features? 3) What are the
applications and the connections to other fields?" The
author, a lucid mind with a fine pedagocical instinct, has
written a splendid text that achieves his aims set forward
above. He starts out by stating six problems in the
introduction in which stochastic differential equations play
an essential role in the solution. Then, while developing
stochastic calculus, he frequently returns to these problems
and variants thereof and to many other problems to show how
thetheory works and to motivate the next step in the
theoretical development. Needless to say, he restricts
himself to stochastic integration with respectto Brownian
motion. He is not hesitant to give some basic results
without proof in order to leave room for "some more basic
applications"...
It can be an ideal text for a graduate course, but it is
also recommended to analysts (in particular, those working
in differential equations and deterministic dynamical
systems and control) who wish to learn quickly what
stochastic differential equations are all about.
From: Acta Scientiarum Mathematicarum, Tom 50, 3-4, 1986

Book details

Edition:
3rd ed. 1992
Series:
Universitext
Author:
Bernt Oksendal
ISBN:
9783662028476
Related ISBNs:
9783540533351
Publisher:
Springer Berlin Heidelberg
Pages:
N/A
Reading age:
Not specified
Includes images:
No
Date of addition:
2022-07-11
Usage restrictions:
Copyright
Copyright date:
1992
Copyright by:
N/A 
Adult content:
No
Language:
English
Categories:
Mathematics and Statistics, Nonfiction, Science