Sign In | Not yet a member? | Submit your article
 
Home   Technical   Study   Novel   Nonfiction   Health   Tutorial   Entertainment   Business   Magazine   Arts & Design   Audiobooks & Video Training   Cultures & Languages   Family & Home   Law & Politics   Lyrics & Music   Software Related   eBook Torrents   Uncategorized  
Letters: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics)
Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics)
Date: 24 May 2011, 07:48

Free Download Now     Free register and download UseNet downloader, then you can FREE Download from UseNet.

    Download without Limit " Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics) " from UseNet for FREE!
Product Description: Incorporates the many tools needed for modeling and pricing in finance and insurance
Introductory Stochastic Analysis for Finance and Insurance introduces readers to the topics needed to master and use basic stochastic analysis techniques for mathematical finance. The author presents the theories of stochastic processes and stochastic calculus and provides the necessary tools for modeling and pricing in finance and insurance. Practical in focus, the book's emphasis is on application, intuition, and computation, rather than theory.
Consequently, the text is of interest to graduate students, researchers, and practitioners interested in these areas. While the text is self-contained, an introductory course in probability theory is beneficial to prospective readers.
This book evolved from the author's experience as an instructor and has been thoroughly classroom-tested. Following an introduction, the author sets forth the fundamental information and tools needed by researchers and practitioners working in the financial and insurance industries:
* Overview of Probability Theory
* Discrete-Time stochastic processes
* Continuous-time stochastic processes
* Stochastic calculus: basic topics
The final two chapters, Stochastic Calculus: Advanced Topics and Applications in Insurance, are devoted to more advanced topics. Readers learn the Feynman-Kac formula, the Girsanov's theorem, and complex barrier hitting times distributions. Finally, readers discover how stochastic analysis and principles are applied in practice through two insurance examples: valuation of equity-linked annuities under a stochastic interest rate environment and calculation of reserves for universal life insurance.
Throughout the text, figures and tables are used to help simplify complex theory and pro-cesses. An extensive bibliography opens up additional avenues of research to specialized topics.
Ideal for upper-level undergraduate and graduate students, this text is recommended for one-semester courses in stochastic finance and calculus. It is also recommended as a study guide for professionals taking Causality Actuarial Society (CAS) and Society of Actuaries (SOA) actuarial examinations.
Related Articles:
Insurance  

DISCLAIMER:

This site does not store Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics) on its server. We only index and link to Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics) provided by other sites. Please contact the content providers to delete Introductory Stochastic Analysis for Finance and Insurance (Wiley Series in Probability and Statistics) if any and email us, we'll remove relevant links or contents immediately.



Comments

Comments (0) All

Verify: Verify

    Sign In   Not yet a member?


Popular searches