You might also like

More about Computation and Modelling in Insurance and Finance

• Book details
• Synopsis
• Trending among others

You get 475 loyalty points

Book synopsis

Focusing on what actuaries need in practice, this introductory account provides readers with essential tools for handling complex problems and explains how simulation models can be created, used and re-used (with modifications) in related situations. The book begins by outlining the basic tools of modelling and simulation, including a discussion of the Monte Carlo method and its use. Part II deals with general insurance and Part III with life insurance and financial risk. Algorithms that can be implemented on any programming platform are spread throughout and a program library written in R is included. Numerous figures and experiments with R-code illustrate the text. The author's non-technical approach is ideal for graduate students, the only prerequisites being introductory courses in calculus and linear algebra, probability and statistics. The book will also be of value to actuaries and other analysts in the industry looking to update their skills.

Book details

Book category Knihy po anglicky Reference, information & interdisciplinary subjects Research & information: general Decision theory: general

• Full title: Computation and Modelling in Insurance and Finance
• Author: Erik Břlviken
• Language: English
• Binding: Hardback
• Number of pages: 712
• EAN: 9780521830485
• ISBN: 0521830486
• ID: 01204385
• Publisher: Cambridge University Press
• Weight: 1518 g
• Dimensions: 181 × 248 × 37 mm
• Date of publishing: 10. April 2014

Trending among others

---

---

---