Semi-Markov Risk Models for Finance, Insurance and Reliability
Jacques Janssen, Raimondo MancaEveryone 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.
Catégories:
Année:
2007
Editeur::
Springer
Langue:
english
Pages:
441
ISBN 10:
0387707298
ISBN 13:
9780387707297
Fichier:
PDF, 3.49 MB
IPFS:
,
english, 2007