Elementary Probability Theory by Kai Lai Chung

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Summary

In this edition two new chapters, 9 and 10, on mathematical finance are added. For the reader whose main interest is in finance, only a portion of the first eight chapters is a "prerequisite" for the study of the last two chapters.

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Elementary Probability Theory by Kai Lai Chung

This book provides an elementary introduction to probability theory and its applications. The fourth edition adds material related to mathematical finance.

"In spite of the original edition of the book being nearly thirty years old, the text still has its role to play in first and second year undergraduate probability coursesIt provides an excellent foundation to more advanced courses in the subject."
Short Book Reviews, Vol. 23/3, Dec. 2003

"This edition is the third revision of a text on mathematical probability first published in 1974. The text is aimed at undergraduate mathematics students and is accessible to a general audience. The prose is accurate, entertaining, and dense with historical tidbits. Two concluding chapters on mathematical finance have been added to the eight chapters in the third edition by the second author." The American Statistician, May 2004

From the reviews of the fourth edition:

"The main novelty in the fourth edition of this well-written book is the addition of new chapters … . The new chapters share the friendly yet rigorous style of the former ones. They beginwith an account of the financial vocabulary, which is then expounded in probabilistic terms. … Almost thirty years after its first edition, this charming book continues to be an excellent text for teaching and for self study." (Ricardo Maronna, Statistical Papers, Vol. 45 (4), 2004)


SKU Unavailable
ISBN 13 9780387955780
ISBN 10 038795578X
Title Elementary Probability Theory
Author Kai Lai Chung
Series Undergraduate Texts In Mathematics
Condition Unavailable
Binding Type Hardback
Publisher Springer-Verlag New York Inc.
Year published 2003-02-14
Number of pages 404
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.