Introduction to probability models. 5. ed. (English) Zbl 0781.60001

Ross, Sheldon M.

Boston, MA: Academic Press, Inc.. xi, 556 p. (1993).

This is the fifth edition of the monograph, for a review of the fourth edition see Zbl 0676.60002. The sequence of the chapters is unchanged compared to the fourth edition but a number of examples have been added - - notably in Chapter 5 (“analysis of greedy algorithms for the assignment problem”, “tracking the number of HIV infections” and others) and in Chapter 10 which now contains a section on option pricing including a discussion of the arbitrage theorem. More than 120 new exercises have been added. This edition retains the character of the previous ones: it is an elementary introduction to probability theory and stochastic processes with lots of examples, applications and exercises.

Reviewer: M.Scheutzow (Berlin)

MSC:

60-01

Introductory exposition (textbooks, tutorial papers, etc.) pertaining to probability theory

Keywords:

analysis if greedy algorithms; HIV infections; elementary introduction to probability theory

Citations:

Zbl 0255.60001; Zbl 0484.60001; Zbl 0647.60002; Zbl 0676.60002