Stochastic systems play a fundamental role in automation and information engineering which depends, in a fundamental way, on stochastic calculus. The improper understanding or utilization of stochastic calculus in applications, especially in engineering, can lead to incorrect numerical results and faulty design. The purpose of this volume is to acquaint a wide audience with certain recent advances in stochastic calculus and with their applications to significant problems. Topics have been selected to cover some of the most ...
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Stochastic systems play a fundamental role in automation and information engineering which depends, in a fundamental way, on stochastic calculus. The improper understanding or utilization of stochastic calculus in applications, especially in engineering, can lead to incorrect numerical results and faulty design. The purpose of this volume is to acquaint a wide audience with certain recent advances in stochastic calculus and with their applications to significant problems. Topics have been selected to cover some of the most important areas for stochastic control, stochastic filtering and stochastic modelling.
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