{"product_id":"stochastic-differential-equations-michael-j-panik-9781119377382","title":"Stochastic Differential Equations: An Introduction with Applications in Population Dynamics Modeling","description":"\u003cp\u003e\u003cb\u003eA beginner's guide to stochastic growth modeling\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe chief advantage of stochastic growth models over deterministic models is that they combine both deterministic and stochastic elements of dynamic behaviors, such as weather, natural disasters, market fluctuations, and epidemics. This makes stochastic modeling a powerful tool in the hands of practitioners in fields for which population growth is a critical determinant of outcomes.\u003c\/p\u003e \u003cp\u003eHowever, the background requirements for studying SDEs can be daunting for those who lack the rigorous course of study received by math majors. Designed to be accessible to readers who have had only a few courses in calculus and statistics, this book offers a comprehensive review of the mathematical essentials needed to understand and apply stochastic growth models. In addition, the book describes deterministic and stochastic applications of population growth models including logistic, generalized logistic, Gompertz, negative exponential, and linear.\u003c\/p\u003e \u003cp\u003eIdeal for students and professionals in an array of fields including economics, population studies, environmental sciences, epidemiology, engineering, finance, and the biological sciences, \u003ci\u003eStochastic Differential Equations: An Introduction with Applications in Population Dynamics Modeling\u003c\/i\u003e \u003c\/p\u003e \u003cp\u003e- Provides precise definitions of many important terms and concepts and provides many solved example problems\u003c\/p\u003e \u003cp\u003e- Highlights the interpretation of results and does not rely on a theorem-proof approach\u003c\/p\u003e \u003cp\u003e- Features comprehensive chapters addressing any background deficiencies readers may have and offers a comprehensive review for those who need a mathematics refresher\u003c\/p\u003e \u003cp\u003e- Emphasizes solution techniques for SDEs and their practical application to the development of stochastic population models\u003c\/p\u003e \u003cp\u003eAn indispensable resource for students and practitioners with limited exposure to mathematics and statistics, \u003ci\u003eStochastic Differential Equations: An Introduction with Applications in Population Dynamics Modeling \u003c\/i\u003eis an excellent fit for advanced undergraduates and beginning graduate students, as well as practitioners who need a gentle introduction to SDEs.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eMichael J. Panik, PhD, \u003c\/b\u003eis Professor in the Department of Economics, Barney School of Business and Public Administration at the University of Hartford in Connecticut. He received his PhD in Economics from Boston College and is a member of the American Mathematical Society, The American Statistical Association, and The Econometric Society.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Michael J. Panik\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1119377382\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781119377382\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/03\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 304\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.19lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.20w x 0.90d","brand":"Michael J. Panik","offers":[{"title":"Hardcover","offer_id":43924152058111,"sku":"9781119377382","price":144.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_53d2b6e5-19cb-44ac-88d6-e70f9379020b.jpg?v=1681068774","url":"https:\/\/www.whiterainbookhouse.com\/products\/stochastic-differential-equations-michael-j-panik-9781119377382","provider":"WR Book House","version":"1.0","type":"link"}