{"product_id":"stochastic-modeling-of-electricity-and-related-markets-world-scientific-publishing-co-pte-ltd-9789812812308-fred-espen-benth","title":"Stochastic Modeling Of Electricity And Related Markets","description":"\u003cp\u003eDiscover the intricate world of energy markets with \"Stochastic Modeling Of Electricity And Related Markets\" by Fred Espen Benth. Published by World Scientific Publishing Co Pte Ltd in 2008, this comprehensive hardback spans 352 pages and delves into the mathematical models that underpin electric utilities and energy industries.\u003c\/p\u003e \n\n\u003cp\u003eThis insightful book explores the application of Ornstein-Uhlenbeck processes as a fundamental tool for modeling spot price dynamics in energy markets. Benth presents a thorough examination of how innovations are influenced by time-inhomogeneous jump processes, making it an essential read for professionals and academics alike in the field of stochastic modeling.\u003c\/p\u003e \n\n\u003cp\u003eEnhance your understanding of complex market behaviors and equip yourself with the knowledge to navigate the evolving landscape of energy pricing. Perfect for those interested in mathematical modeling and its applications in the energy sector.\u003c\/p\u003e","brand":"Fred Espen Benth","offers":[{"title":"Default Title","offer_id":52258620604758,"sku":"9789812812308","price":149.14,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0886\/3206\/6390\/files\/9789812812308.jpg?v=1767789016","url":"https:\/\/www.bookshop.lt\/products\/stochastic-modeling-of-electricity-and-related-markets-world-scientific-publishing-co-pte-ltd-9789812812308-fred-espen-benth","provider":"Bookshop","version":"1.0","type":"link"}