{"product_id":"stochastic-processes-min-heo-9798196538056","title":"Stochastic Processes: From Brownian Motion to Markets","description":"A compact, mathematically serious introduction to stochastic processes through probability, physics, computation, and finance. \u003cp\u003e\u003c\/p\u003eStochastic Processes: From Brownian Motion to Markets develops randomness as structure. Beginning with the simple one-dimensional random walk, the book builds toward Brownian motion, diffusion equations, Langevin dynamics, heavy-tailed models, option pricing, model risk, and computational validation. \u003cp\u003e\u003c\/p\u003eRather than presenting stochastic processes as a collection of formulas, this book emphasizes the modeling questions behind them: What is random? How does uncertainty evolve? What can be computed? And where does the model fail? \u003cp\u003e\u003c\/p\u003eReaders will learn how to: \u003cbr\u003e- derive random-walk distributions from path counting;\u003cbr\u003e- understand diffusion scaling and the Gaussian limit;\u003cbr\u003e- connect Brownian motion to the heat equation and Langevin dynamics;\u003cbr\u003e- recognize heavy tails, Lévy flights, and anomalous diffusion;\u003cbr\u003e- interpret Black-Scholes, risk-neutral valuation, and model failure;\u003cbr\u003e- use simulation projects to test and visualize stochastic models. \u003cp\u003e\u003c\/p\u003eWritten for students with calculus, basic probability, and algebra. This book is especially suited for readers interested in mathematical physics, quantitative finance, stochastic modeling, or computational approaches to uncertainty.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Min Heo\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798196538056\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/22\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 130\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.31d","brand":"Min Heo","offers":[{"title":"Paperback","offer_id":48801536737535,"sku":"9798196538056","price":14.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/stochastic-processes-min-heo-9798196538056","provider":"WR Book House","version":"1.0","type":"link"}