Stochastic Processes for Insurance & Finance Rolski Hardback Wiley–Blackwell

Stochastic Processes for Insurance and FinanceAuthor(s): Tomasz Rolski, Hanspeter Schmidli, Volker Schmidt, Jozef L. Teugels\nFormat: Hardback\nPublisher: John Wiley & Sons Inc, United States\nImprint: John Wiley & Sons Inc\nISBN-13: 9780471959250, 978-0471959250\nSynopsis\nThe 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:\nthe principle concepts of insurance and finance practical examples with real life data numerical and algoriths