ABOUT THE BOOK

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    Accession Number

 B5085

    Title

 Stochastic Processes For Insurance And Finance

    Author

 Rolski, Tomasz/ Schmidli, Hanspeter/ Schmidt, Volker

    Publisher

 John Wiley & Sons Ltd

    ISBN

 978-0-470-74363-8

     Summary

The contents of the book includes – 1. Concepts from insurance and finance 2. Probability distributions 3. Premiums of ordering of risks 4. Distributions of aggregate claim amount 5. Risk processes 6. Renewal processes and random walks 7. Markov chains 8. Continuous-time markov models 9. Martingale techniques I 10. Martingale techniques II 11. Piecewise deterministic markov processes 12. Point processes 13. Diffusion models.