{"product_id":"stochastic-processes-for-insurance-and-finance-hardback-9780471959250","title":"Stochastic Processes for Insurance and Finance (Hardback) 9780471959250","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eStochastic Processes for Insurance and Finance\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eTomasz Rolski (Author), Hanspeter Schmidli (Author), Volker Schmidt (Author), Jozef L. Teugels (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471959250, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 21 January 1999\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e680 pages\u003cbr\u003e23.4 x 15.8 x 4.4 cm, 1.134 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"An excellent text.\"\u003cbr\u003e—\u003cb\u003e\u003ci\u003eAustralian \u0026amp; New Zealand Journal of Statistics\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eThe Wiley Paperback Series makes valuable content more accessible to a new generation of statisticians, mathematicians and scientists.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eStochastic Processes for Insurance and Finance\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eDiscussing frequently asked insurance questions, the authors present a coherent overview of this subject and specifically address:\u003c\/p\u003e \u003cul\u003e \u003cli\u003ethe principle concepts of insurance and finance\u003c\/li\u003e \u003cli\u003epractical examples with real life data\u003c\/li\u003e \u003cli\u003enumerical and algorithmic procedures essential for modern insurance practices\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAssuming 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.\u003c\/p\u003e \u003cp\u003e\"An excellent text.\"\u003cbr\u003e—\u003cb\u003e\u003ci\u003eAustralian \u0026amp; New Zealand Journal of Statistics\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eTable of Contents:\u003cbr\u003e Concepts from Insurance and Finance.\u003cbr\u003e Probability Distributions. \u003cbr\u003e Premiums and Ordering of Risks. \u003cbr\u003e Distributions of Aggregate Claim Amount. \u003cbr\u003e Risk Processes. \u003cbr\u003e Renewal Processes and Random Walks. \u003cbr\u003e Markov Chains. \u003cbr\u003e Continuous-Time Markov Models. \u003cbr\u003e Martingale Techniques I. \u003cbr\u003e Martingale Techniques II. \u003cbr\u003e Piecewise Deterministic Markov Processes. \u003cbr\u003e Point Processes. \u003cbr\u003e Diffusion Models. \u003cbr\u003e Distribution Tables. \u003cbr\u003e References. \u003cbr\u003e \u003cbr\u003e    Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Mathematics [\u003ca title=\"See our other books on Mathematics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Mathematics%20%5BPB%5D%22\"\u003ePB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52316697231640,"sku":"9780471959250","price":143.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471959250.jpg?v=1781821614","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/stochastic-processes-for-insurance-and-finance-hardback-9780471959250","provider":"Freshly Printed Books","version":"1.0","type":"link"}