The Poisson process, a core object in modern probability, enjoys a richer theory than is sometimes appreciated. This volume develops the theory in the setting o
Practical and easy-to-use reference progresses from simple to advanced topics, covering, among other topics, renewal theory, Markov chains, Poisson approximatio
In the theory of random processes there are two that are fundamental, and occur over and over again, often in surprising ways. There is a real sense in which th
A common theme in probability theory is the approximation of complicated probability distributions by simpler ones, the central limit theorem being a classical