Semi-Markov Risk Models for Finance, Insurance and Reliability - Rilegato

Janssen, Jacques; Manca, Raimondo

Rilegato

ISBN 10: 0387707298 ISBN 13: 9780387707297

Casa editrice: Springer-Verlag GmbH, 2007

Riassunto

Suitable for those working in related fields from applied mathematicians to statisticians to actuaries and operations researchers, this book presents applications of semi-Markov processes in finance, insurance and reliability, using real-life problems as examples.

Su questo libro

Dalla quarta di copertina

This 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, particularly in insurance and in risk-and-ruin theories. Also considered are reliability problems that interact with credit risk theory in finance. The unique approach of this book is to solve finance and insurance problems with semi-Markov models in a complete way and furthermore present real-life applications of semi-Markov processes.

Audience

This book is intended for applied mathematicians, statisticians, financial intermediaries, actuaries, engineers, operations researchers.

Dettagli dell'edizione

• Editore: Springer-Verlag GmbH
• Data di pubblicazione: 2007
• Lingua: Inglese
• ISBN 10: 0387707298
• ISBN 13: 9780387707297
• Rilegatura: Copertina rigida
• Numero di pagine: 430
• Contatto del produttore: non disponibile
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