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Stochastic Modeling Of Electricity And Related Markets (Advanced Series on Statistical Science & Applied Probability)

By: Fred Espen Benth (Author) , Jurate Saltyte-benth (Author) , Steen Koekebakker (Author)

Extended Catalogue

Ksh 29,200.00

Format: Hardback or Cased Book

ISBN-10: 981281230X

ISBN-13: 9789812812308

Collection / Series: Advanced Series on Statistical Science & Applied Probability

Collection Type: Publisher collection

Publisher: World Scientific Publishing Co Pte Ltd

Imprint: World Scientific Publishing Co Pte Ltd

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Apr 15th, 2008

Publication Status: Active

Product extent: 352 Pages

Weight: 678.00 grams

Dimensions (height x width x thickness): 23.60 x 16.10 x 2.00 cms

Product Classification / Subject(s): Electrical power industries
Mathematical modelling

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Offers a treatment on the stochastic modeling of energy markets. This book describes Ornstein-Uhlenbeck processes as the basic modeling tool for spot price dynamics, where innovations are driven by time-inhomogeneous jump processes.

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