{"product_id":"stochastic-processes-for-insurance-and-finance-paperback-softback-9780470743638","title":"Stochastic Processes for Insurance and Finance (Paperback \/ softback) 9780470743638","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\"\u003e9780470743638, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 28 October 2008\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e672 pages\u003cbr\u003e23.1 x 15.4 x 3.7 cm, 0.936 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\"\u003e\u003cp\u003eConcepts from Insurance and Finance\u003c\/p\u003e \u003cp\u003eProbability Distributions\u003c\/p\u003e \u003cp\u003ePremiums and Ordering of Risks\u003c\/p\u003e \u003cp\u003eDistributions of Aggregate Claim Amount\u003c\/p\u003e \u003cp\u003eRisk Processes\u003c\/p\u003e \u003cp\u003eRenewal Processes and Random Walks\u003c\/p\u003e \u003cp\u003eMarkov Chains\u003c\/p\u003e \u003cp\u003eContinuous-Time Markov Models\u003c\/p\u003e \u003cp\u003eMartingale Techniques I\u003c\/p\u003e \u003cp\u003eMartingale Techniques II\u003c\/p\u003e \u003cp\u003ePiecewise Deterministic Markov Processes\u003c\/p\u003e \u003cp\u003ePoint Processes\u003c\/p\u003e \u003cp\u003eDiffusion Models\u003c\/p\u003e \u003cp\u003eDistribution Tables\u003c\/p\u003e \u003cp\u003eReferences\u003c\/p\u003e \u003cp\u003eIndex\u003c\/p\u003e\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":52278026240280,"sku":"9780470743638","price":69.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470743638.jpg?v=1781456406","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/stochastic-processes-for-insurance-and-finance-paperback-softback-9780470743638","provider":"Freshly Printed Books","version":"1.0","type":"link"}