This is a thorough and accessible exposition on the functional analytic approach to the problem of construction of Markov processes with Ventcel’ boundary con

The theory of Markov Processes has become a powerful tool in partial differential equations and potential theory with important applications to physics. Profess

This book discloses a fascinating connection between optimal stopping problems in probability and free-boundary problems. It focuses on key examples and the the

This work offers a highly useful, well developed reference on Markov processes, the universal model for random processes and evolutions. The wide range of appli

This 3rd edition provides an insight into the mathematical crossroads formed by functional analysis (the macroscopic approach), partial differential equations (