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Processes and Stopping Times

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Processes and Stopping Times book

Processes and Stopping Times

DOI link for Processes and Stopping Times

Processes and Stopping Times book

Edited BySheng-wu He, Jia-gang Wang, Jia-an Yan
BookSemimartingale Theory and Stochastic Calculus

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Edition 1st Edition
First Published 1992
Imprint Routledge
Pages 31
eBook ISBN 9780203739907

ABSTRACT

This chapter introduces “the general theory of stochastic processes” and its preliminary applications. It discusses three most useful classes of measurable processes: progressively measurable, optional and predictable processes. A process is called an increasing process, if its trajectories all are non-negative right-continuous increasing real functions. A process is said to be with finite variation, if it is the difference of two increasing processes.

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