Stochastic Processes for Insurance and Finance

Volker Schmidt author Hanspeter Schmidli author Jozef L Teugels author Tomasz Rolski author

Format:Hardback

Publisher:John Wiley & Sons Inc

Published:21st Jan '99

Currently unavailable, and unfortunately no date known when it will be back

This hardback is available in another edition too:

Stochastic Processes for Insurance and Finance cover

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

"An excellent text."
Australian & New Zealand Journal of Statistics

ISBN: 9780471959250

Dimensions: 234mm x 158mm x 44mm

Weight: 1134g

680 pages