Semi-Markov Risk Models for Finance, Insurance and Reliability

Name: Semi-Markov Risk Models for Finance, Insurance and Reliability
SKU: 9867344
Price: 296.00 NZD
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Paperback / softback

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Description

Everyone working in related fields from applied mathematicians to statisticians to actuaries and operations researchers will find this a brilliantly useful practical text. The book presents applications of semi-Markov processes in finance, insurance and reliability, using real-life problems as examples. After a presentation of the main probabilistic tools necessary for understanding of the book, the authors show how to apply semi-Markov processes in finance, starting from the axiomatic definition and continuing eventually to the most advanced financial tools.

Release date NZ

November 4th, 2010

Author

Audience

Professional & Vocational

Edition

Softcover reprint of hardcover 1st ed. 2007

Illustrations

xviii, 430 p.

Pages

430

Dimensions

156x234x23

ISBN-13

9781441943576

Product ID

9867344

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