: Hanspeter Schmidli
: Stochastic Control in Insurance
: Springer-Verlag
: 9781848000032
: 1
: CHF 74.30
:
: Internationale Wirtschaft
: English
: 258
: Wasserzeichen
: PC/MAC/eReader/Tablet
: PDF

Yet again, here is a Springer volume that offers readers something completely new. Until now, solved examples of the application of stochastic control to actuarial problems could only be found in journals. Not any more: this is the first book to systematically present these methods in one volume. The author starts with a short introduction to stochastic control techniques, then applies the principles to several problems. These examples show how verification theorems and existence theorems may be proved, and that the non-diffusion case is simpler than the diffusion case. Schmidli's brilliant text also includes a number of appendices, a vital resource for those in both academic and professional settings.