Abstract
After introducing Poisson processes, the form of their generators is explained. Jump Markov processes, generators, and explosion times are discussed. Skorohod space is introduced, and the proof of the Itô formula for Poisson processes is outlined. Diffusion approximation is studied at the end of the chapter.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
