Hidden Bibliographic Details
| Other authors / contributors: | Manca, Raimondo.
|
|---|
| ISBN: | 9780387707303
0387707301
9780387707297 (hbk.)
0387707298 (hbk.)
9786610902392
6610902399
|
|---|
| Notes: | Includes bibliographical references (p. 407-422) and index.
Description based on print version record.
|
|---|
| Summary: | 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.
|
|---|
| Other form: | Print version: Janssen, Jacques, 1939- Semi-Markov risk models for finance, insurance and reliability. New York : Springer, c2007 9780387707297 0387707298
|
|---|
