rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Semi-Markov Risk Models for Finance, Insurance and Reliability
  name:
    name part: Jacques, Janssen.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Raimondo, Manca.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: xxu
    date issued: 2007
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVIII, 430 p. online resource.
  abstract: This book presents applications of semi-Markov processes in finance, insurance and reliability, using real-life problems as examples. After a presentation of the main probabilistic tools necessary for understanding of the book, the authors show how to apply semi-Markov processes in finance, starting from the axiomatic definition and continuing eventually to the most advanced financial tools, particularly in insurance and in risk-and-ruin theories. Also considered are reliability problems that interact with credit risk theory in finance. The unique approach of this book is to solve finance and insurance problems with semi-Markov models in a complete way and furthermore present real-life applications of semi-Markov processes. Audience This book is intended for applied mathematicians, statisticians, financial intermediaries, actuaries, engineers, operations researchers.
  table of contents: Probability Tools For Stochastic Modelling -- Renewal Theory and Markov Chains -- Markov Renewal Processes, Semi-Markov Processes and Markov Random Walks -- Discrete Time and Reward Smp and their Numerical Treatment -- Semi-Markov Extensions of the Black-Scholes Model -- Other Semi-Markov Models in Finance and Insurance -- Insurance Risk Models -- Reliability and Credit Risk Models -- Generalised Non-Homogeneous Models for Pension Funds and Manpower Management.
  note: by Janssen Jacques, Manca Raimondo.
  subject:
    topic: Mathematics
  subject:
    topic: Business
  subject:
    topic: Management science
  subject:
    topic: Finance
  subject:
    topic: Economics, Mathematical
  subject:
    topic: Numerical analysis
  subject:
    topic: Probabilities
  subject:
    topic: Macroeconomics
  subject:
    topic: Mathematics
  subject:
    topic: Probability Theory and Stochastic Processes
  subject:
    topic: Quantitative Finance
  subject:
    topic: Business and Management, general
  subject:
    topic: Finance, general
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  subject:
    topic: Numerical Analysis
  classification: QA273.A1-274.9
  classification: QA274-274.9
  classification: 519.2
  related item:
    title info:
      title: Springer eBooks
  identifier: 9780387707303
  identifier: http://dx.doi.org/10.1007/0-387-70730-1
  record info:
    record creation date: 100301
    record change date: 20151204142436.0
    record identifier: 978-0-387-70730-3