Business & Economics Books:

Stochastic Processes for Insurance and Finance

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Description

The Wiley Paperback Series makes valuable content more accessible to a new generation of statisticians, mathematicians and scientists. Stochastic Processes for Insurance and Finance offers a thorough yet accessible reference for researchers and practitioners of insurance mathematics. Building on recent and rapid developments in applied probability the authors describe in general terms models based on Markov processes, martingales and various types of point processes. Discussing frequently asked insurance questions, the authors present a coherent overview of this subject and specifically address: the principle concepts of insurance and finance practical examples with real life data numerical and algorithmic procedures essential for modern insurance practices Assuming competence in probability calculus, this book will provide a rigorous treatment of insurance risk theory recommended for researchers and students interested in applied probability as well as practitioners of actuarial sciences. “An excellent text” Australian & New Zealand Journal of Statistics

Author Biography:

Tomasz Rolski is the author of Stochastic Processes for Insurance and Finance, published by Wiley. Hanspeter Schmidli is the author of Stochastic Processes for Insurance and Finance, published by Wiley.
Release date NZ
October 28th, 2008
Audience
  • Professional & Vocational
Pages
672
Dimensions
154x231x37
ISBN-13
9780470743638
Product ID
2972008

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