The main purpose of this handbook is to summarize and to put in order the ideas, methods, results and literature on the theory of random evolutions and their ap

Inhomogeneous Random Evolutions and Their Applications explains how to model various dynamical systems in finance and insurance with non-homogeneous in time cha

This book extends the theory and applications of random evolutions to semi-Markov random media in discrete time, essentially focusing on semi-Markov chains as s

The book is devoted to the new trends in random evolutions and their various applications to stochastic evolutionary sytems (SES). Such new developments as the

The evolution of systems in random media is a broad and fruitful field for the applica tions of different mathematical methods and theories. This evolution can