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Stochastic differential equations with Markovian switching

Mao, X. and Yuan, C. (2006) Stochastic differential equations with Markovian switching. Imperial College Press. ISBN 9781860947018

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Abstract

This textbook provides the first systematic presentation of the theory of stochastic differential equations with Markovian switching. It presents the basic principles at an introductory level but emphasizes current advanced level research trends. The material takes into account all the features of Ito equations, Markovian switching, interval systems and time-lag. The theory developed is applicable in different and complicated situations in many branches of science and industry.