Basics of Applied Stochastic Processes (Probability and Its Applications)
From the reviews:"This text book by Richard Serfozo is an introduction to the field of stochastic processes and their applications. It provides an overview of theory and applications for five classical classes of stochastic processes … . The text is complemented by a large number of exercises. The clear writing style and the few mathematical prerequisites … make it suitable for a first course in stochastic processes. … for researchers in various fields of applications the volume is a valuable reference." (H. M. Mai, Zentralblatt MATH, Vol. 1159, 2009)“This book is an introduction to applied stochastic processes written as a text that balances between an introduction focusing on the basics of applied stochastic processes and an advanced text that includes more theoretical aspects of these processes. … The text provides numerous examples and exercises to illustrate applications of the theorems or that propose extensions of the main ideas. … The text is well written and provides a nice balanced introduction to applied stochastic processes.” (Randall James Swift, Mathematical Reviews, Issue 2010 b)