Change Of Time And Change Of Measure (Second Edition)


Book Description

Change of Time and Change of Measure provides a comprehensive account of two topics that are of particular significance in both theoretical and applied stochastics: random change of time and change of probability law.Random change of time is key to understanding the nature of various stochastic processes, and gives rise to interesting mathematical results and insights of importance for the modeling and interpretation of empirically observed dynamic processes. Change of probability law is a technique for solving central questions in mathematical finance, and also has a considerable role in insurance mathematics, large deviation theory, and other fields.The book comprehensively collects and integrates results from a number of scattered sources in the literature and discusses the importance of the results relative to the existing literature, particularly with regard to mathematical finance.In this Second Edition a Chapter 13 entitled 'A Wider View' has been added. This outlines some of the developments that have taken place in the area of Change of Time and Change of Measure since the publication of the First Edition. Most of these developments have their root in the study of the Statistical Theory of Turbulence rather than in Financial Mathematics and Econometrics, and they form part of the new research area termed 'Ambit Stochastics'.




Change Of Time And Change Of Measure


Book Description

Change of Time and Change of Measure provides a comprehensive account of two topics that are of particular significance in both theoretical and applied stochastics: random change of time and change of probability law.Random change of time is key to understanding the nature of various stochastic processes, and gives rise to interesting mathematical results and insights of importance for the modeling and interpretation of empirically observed dynamic processes. Change of probability law is a technique for solving central questions in mathematical finance, and also has a considerable role in insurance mathematics, large deviation theory, and other fields.The book comprehensively collects and integrates results from a number of scattered sources in the literature and discusses the importance of the results relative to the existing literature, particularly with regard to mathematical finance. It is invaluable as a textbook for graduate-level courses and students or a handy reference for researchers and practitioners in financial mathematics and econometrics.




Brownian Motion and Stochastic Calculus


Book Description

A graduate-course text, written for readers familiar with measure-theoretic probability and discrete-time processes, wishing to explore stochastic processes in continuous time. The vehicle chosen for this exposition is Brownian motion, which is presented as the canonical example of both a martingale and a Markov process with continuous paths. In this context, the theory of stochastic integration and stochastic calculus is developed, illustrated by results concerning representations of martingales and change of measure on Wiener space, which in turn permit a presentation of recent advances in financial economics. The book contains a detailed discussion of weak and strong solutions of stochastic differential equations and a study of local time for semimartingales, with special emphasis on the theory of Brownian local time. The whole is backed by a large number of problems and exercises.




Textbook of Men's Health and Aging, Second Edition


Book Description

The first edition of "Textbook of Men's Health" did much to establish and define the scope of the emerging subspecialty of aging men's health. This revised and updated edition, with new sections on basic sciences and sexual dysfunction, has a small but significant change of approach - reflected in the new title. The central mission of the new editi




Handbook of PTSD, Second Edition


Book Description

Widely regarded as the definitive reference, this handbook brings together foremost authorities on posttraumatic stress disorder (PTSD). Diagnostic, conceptual, and treatment issues are reviewed in depth. The volume examines the causes and mechanisms of PTSD on multiple levels, from psychological processes to genes and neurobiology. Risk and resilience processes are addressed across development and in specific populations. Contributors describe evidence-based assessment and treatment approaches as well as promising emerging interventions. The integrative concluding chapter identifies key unanswered questions with important implications for science and practice. New to This Edition *Reflects major research advances and the new diagnostic criteria in DSM-5. *Chapters on the dissociative subtype of PTSD, child assessment, couple and family therapies, and group treatments. *Chapters on research methods, Internet-based interventions, telemental health, and implementation of best practices. *Many new authors and extensively revised chapters.




Engineering Response to Climate Change, Second Edition


Book Description

A clear, concise discussion of today’s hottest topics in climate change, including adapting to climate change and geo-engineering to mitigate the effects of change, Engineering Response to Climate Change, Second Edition takes on the tough questions of what to do and offers real solutions to the practical problems caused by radical changes in the Earth’s climate. From energy consumption and carbon dioxide emissions reduction, to climate-altering technologies, this new edition explores the latest concerns such as acidification of the ocean, energy efficiency, transportation, space solar power, and future and emerging possibilities. The editors set the stage by discussing the separate issues of the emissions of radiatively important atmospheric constituents, energy demand, energy supply, agriculture, water resources, coastal hazards, adaption strategies, and geo-engineering. They explain the difference between the natural and human drivers of climate change and describe how humans have influenced the global climate during past decades. Each chapter concludes with discussion questions, calculations, and possible research topics. See What’s in the Second Edition: New conceptual tools and research necessary for problems associated with fossil fuels Cutting-edge topics such as adaption and geo-engineering The latest concerns such as acidification of the ocean, energy efficiency, transportation, and space solar power Solutions to problems caused by changes in the Earth’s climate So much has changed in the 15 years since the publication of the first edition, that this is, in effect, a completely new book. However, the general theme is the same: the climate energy problem has become largely an engineering problem. With this in mind, the book explores what engineers can do to prevent, mitigate, or adapt to climate change.




Measurement Theory in Action


Book Description

This book helps readers apply testing and measurement theories. Featuring 22 self-standing modules, instructors can pick and choose the ones that are most appropriate for their course. Each module features an overview of a measurement issue and a step-by-step application of that theory. Best practices provide recommendations for ensuring the appropriate application of the theory. Practical questions help students assess their understanding of the topic while the examples allow them to apply the material using real data. Two cases in each module depict typical dilemmas faced when applying measurement theory followed by Questions to Ponder to encourage critical examination of the issues noted in the cases. Each module contains exercises some of which require no computer access while others involve the use of SPSS to solve the problem. The book’s website houses the accompanying data sets and more. The book also features suggested readings, a glossary of the key terms, and a continuing exercise that incorporates many of the steps in the development of a measure of typical performance. Updated throughout to reflect recent changes in the field, the new edition also features: --A new co-author, Michael Zickar, who updated the advanced topics and added the new module on generalizability theory (Module 22). -Expanded coverage of reliability (Modules 5 & 6) and exploratory and confirmatory factor analysis (Modules 18 & 19) to help readers interpret results presented in journal articles. -Expanded Web Resources, Instructors will now find: suggested answers to the book’s questions and exercises; detailed worked solutions to the exercises; and PowerPoint slides. Students and instructors can access the SPSS data sets; additional exercises; the glossary; and website references that are helpful in understanding psychometric concepts. Part 1 provides an introduction to measurement theory and specs for scaling and testing and a review of statistics. Part 2 then progresses through practical issues related to text reliability, validation, meta-analysis and bias. Part 3 reviews practical issues related to text construction such as the development of measures of maximal performance, CTT item analysis, test scoring, developing measures of typical performance, and issues related to response styles and guessing. The book concludes with advanced topics such as multiple regression, exploratory and confirmatory factor analysis, item response theory (IRT), IRT applications including computer adaptive testing and differential item functioning, and generalizability theory. Ideal as a text for any psychometrics, testing and measurement, or multivariate statistics course taught in psychology, education, marketing and management, professional researchers in need of a quick refresher on applying measurement theory will also find this an invaluable reference.




Social Influence Strategies for Environmental Behavior Change


Book Description

The purpose of the book is to provide an applied, practical, yet theoretically grounded reference on social influence strategies for changing environmental behaviors. The book is intended to be used as a professional reference by practitioners in governmental and nongovernmental organizations worldwide. The book is also intended to be used as a text by students of environmental science, environmental communication, and environmental education.




Encyclopedia of Global Warming and Climate Change, Second Edition


Book Description

This Second Edition of an academic yet non-technical resource examines the effects, history and ongoing research in the important field of global warming and climate change.




Chemical Process Equipment - Selection and Design (Revised 2nd Edition)


Book Description

A facility is only as efficient and profitable as the equipment that is in it: this highly influential book is a powerful resource for chemical, process, or plant engineers who need to select, design or configures plant sucessfully and profitably. It includes updated information on design methods for all standard equipment, with an emphasis on real-world process design and performance. - The comprehensive and influential guide to the selection and design of a wide range of chemical process equipment, used by engineers globally; Copious examples of successful applications, with supporting schematics and data to illustrate the functioning and performance of equipment - Revised edition, new material includes updated equipment cost data, liquid-solid and solid systems, and the latest information on membrane separation technology - Provides equipment rating forms and manufacturers' data, worked examples, valuable shortcut methods, rules of thumb, and equipment rating forms to demonstrate and support the design process - Heavily illustrated with many line drawings and schematics to aid understanding, graphs and tables to illustrate performance data