Modelling Mortality with Actuarial Applications (Hardcover)
Language: English
Published by Cambridge University Press, Cambridge, 2018
Series: Book 12 of 16 - International Series on Actuarial Science
- Hardcover
- New
Seller: CitiRetail, Stevenage, United KingdomCitiRetail
AbeBooks seller since June 29, 2022
Condition: New
£ 82.49
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Hardcover. Actuaries have access to a wealth of individual data in pension and insurance portfolios, but rarely use its full potential. This book will pave the way, from methods using aggregate counts to modern developments in survival analysis. Based on the fundamental concept of the hazard rate, Part I shows how and why to build statistical models, based on data at the level of the individual persons in a pension scheme or life insurance portfolio. Extensive use is made of the R statistics package. Smooth models, including regression and spline models in one and two dimensions, are covered in depth in Part II. Finally, Part III uses multiple-state models to extend survival models beyond the simple life/death setting, and includes a brief introduction to the modern counting process approach. Practising actuaries will find this book indispensable, and students will find it helpful when preparing for their professional examinations. Actuaries modelling mortality have, until now, mostly used methods based on aggregate data. This book explains to practitioners how to build and test models based on the individual person, with plenty of example R code. Students will also find it helpful in preparation for their professional examinations. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…
Seller Inventory # 9781107045415
- Title
- Modelling Mortality with Actuarial Applications (Hardcover)
- Author
- Angus S. Macdonald
- Publisher
- Cambridge University Press, Cambridge
- Publication year
- 2018
- Condition
- new
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 110704541X
- ISBN 13
- 9781107045415
- Series
- Book 12 of 16: International Series on Actuarial Science
"Synopsis" may belong to another edition of this title.
About the Author
Stephen J. Richards is an actuary and principal of Longevitas Ltd., Edinburgh, a software and consultancy firm that uses many of the models described in this book with life insurance and pension scheme clients worldwide.
Iain D. Currie is an Honorary Research Fellow at Heriot-Watt University, Edinburgh. As a statistician, he was chiefly responsible for the development of the spline models described in this book, and their application to actuarial problems.
"About the title" may belong to another edition of this title.
CitiRetail
Stevenage, United Kingdom
AbeBooks seller since June 29, 2022
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