Ruin Theory : Actuarial Science, Applied Probability, Michael R. Powers, Renewal Theory, Siméon- Denis Poisson, Stochastic Process
Language: English
Published by Omniscriptum, 2010
- Softcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 143.42
Quantity: 1 available
Add to basketItem description from seller
nach der Bestellung gedruckt Neuware - Printed after ordering - High Quality Content by WIKIPEDIA articles! Ruin theory, sometimes referred to as collective risk theory, is a branch of actuarial science that studies an insurer's vulnerability to insolvency based on mathematical modeling of the insurer's surplus. The theory permits the derivation and calculation of many ruin-related measures and quantities, including the probability of ultimate ruin, the distribution of an insurer's surplus immediately prior to ruin, the deficit at the time of ruin, the distribution of the first drop in surplus given that the drop occurs, etc. It is also considered as an area of applied probability because most of the techniques and methodologies adopted in ruin theory are based on the application of stochastic processes. Though most problems in ruin theory stem from real-life actuarial studies, it is the mathematical aspects of ruin theory that have drawn much of the attention from actuarial scientists and probabilists in the past few decades.…
Seller Inventory # 9786130484163
- Title
- Ruin Theory : Actuarial Science, Applied Probability, Michael R. Powers, Renewal Theory, Siméon- Denis Poisson, Stochastic Process
- Author
- Miriam T. Timpledon
- Publisher
- Omniscriptum
- Publication year
- 2010
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 613048416X
- ISBN 13
- 9786130484163
- Item weight
- 113 grams
- Dimensions
- 220x150x4 mm
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