The notion of “martingale” has proven to be among the most powerful ideas to emerge in probability in the last century. In this section some basic foundations are presented. A more comprehensive treatment of the theory and its applications is provided in our text on stochastic processes.
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© 2007 Springer Science+Business Media, Inc
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(2007). Martingales and Stopping Times. In: A Basic Course in Probability Theory. Universitext. Springer, New York, NY. https://doi.org/10.1007/978-0-387-71939-9_3
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DOI: https://doi.org/10.1007/978-0-387-71939-9_3
Publisher Name: Springer, New York, NY
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