Random Dynamical Systems: Theory and Applications Book + PRICE WATCH * Amazon pricing is not included in price watch

Random Dynamical Systems: Theory and Applications Book

Paperback. Pub Date: 2007 Pages: 480 Publisher: Camidge. University Press This treatment provides an Exposition of Discrete time dynamic processes evolving over an infinite horizon Chapter 1 reviews some mathematical results from the theory of DETERMINISTIC dynamical systems with particular emphasis on applications to economics. The theory of irreducible Markov processes. especially Markov chains. is surveyed in Chapter 2. Equiliium and long run stability of a dynamical system in which the law of motion is subject to random perturbations is the central theme of Chapters 3 - 5. A unified account of relatively recent results. exploiting splitting and contractions. that have found applications in many contexts is presented in detail. Chapter 6 explains how a random dynamical system may emerge from a class of dynamic programming problems. With examples and exercises. readers are...Read More

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  • Blackwell

    Surveys topics in the theory and applications of dynamical systems subject to random shocks. This treatment provides an exposition of discrete time dynamic processes evolving over an infinite horizon. Chapter 1 reviews some mathematical results...

  • 0521532728
  • 9780521532723
  • Rabi Bhattacharya, Mukul Majumdar
  • 8 January 2007
  • Cambridge University Press
  • Paperback (Book)
  • 480
  • 1
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