Today probability turns out to be one of the most
pervasive mathematical topics. It actually affects
a number of quite different fields, proving particularly
relevant to courses ranging from Statistics to
Economics, from Finance to Management Science. Recently
it has even found significant applications in some
sectors of Law.
This book contains a short presentation of the most basic
aspects of probability theory. As a result, it should
come in handy and help students grasp the main concepts
of the discipline as well as acquire a basic probabilistic
vocabulary, thus capturing at least the flavour
of possible relevant applications. The book includes a
sketch of von Neumann – Morgenstern utility theory,
which is useful per se as well as being an enlightening
bridge between probability and decision theories.
The book also provides a substantial set of exercises
with solutions.