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£100.78

Cambridge University Press Computation and Modelling in Insurance and Finance (International Series on Actuarial Science)

Name: Computation and Modelling in Insurance and Finance (International Series on Actuarial Science)
Brand: Cambridge University Press
Price: 100.78 GBP
Availability: InStock

Modelling

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Description

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.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521830486
Category: Books > Subjects > Science, Nature & Maths > Mathematics > Modelling
Domain: Amazon UK
Release Date: 10 April 2014
Listed Since: 11 October 2006

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Cambridge University Press Computation and Modelling in Insurance and Finance (International Series on Actuarial Science)

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