Based on lectures given by one of the authors with many years of experience in teaching
stochastic processes this textbook is unique in combining basic mathematical and physical
theory with numerous simple and sophisticated examples as well as detailed calculations. In
addition applications from different fields are included so as to strengthen the background
learned in the first part of the book. With its exercises at the end of each chapter (and
solutions only available to lecturers) this book will benefit students and researchers at
different educational levels. Solutions manual available for lecturers on www.wiley-vch.de
