Discrete-Time Semi-Markov Random Evolutions and Their Applications

Explore the fascinating world of random evolutions with "Discrete-Time Semi-Markov Random Evolutions and Their Applications" by Nikolaos Limnios. Published in 2023 by Birkhauser Verlag AG, this insightful hardback edition spans 198 pages, offering a comprehensive look into the theory and applications of semi-Markov random media in discrete time. The book delves into the intricacies of semi-Markov chains, presenting them as pivotal switching or driving processes. Ideal for researchers and practitioners alike, this work not only extends existing theories but also provides practical applications that can be utilized across various fields. Enhance your understanding of complex stochastic processes with this essential resource from a leading expert in the field.