E-Book, Englisch, 430 Seiten
Janssen / Manca Semi-Markov Risk Models for Finance, Insurance and Reliability
1. Auflage 2007
ISBN: 978-0-387-70730-3
Verlag: Springer-Verlag
Format: PDF
Kopierschutz: Wasserzeichen (»Systemvoraussetzungen)
E-Book, Englisch, 430 Seiten
ISBN: 978-0-387-70730-3
Verlag: Springer-Verlag
Format: PDF
Kopierschutz: Wasserzeichen (»Systemvoraussetzungen)
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.




