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 ...
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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.
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Add this copy of Computation and Modelling in Insurance and Finance to cart. $131.66, new condition, Sold by GridFreed rated 4.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 2014 by Cambridge University Press.
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New. Print on demand Contains: Line drawings, Tables, black & white, Unspecified. International Series on Actuarial Science . 80 b/w illus. 45 tables 550 exercises. Intended for professional and scholarly audience.
Add this copy of Computation and Modelling in Insurance and Finance to cart. $170.76, new condition, Sold by Booksplease rated 4.0 out of 5 stars, ships from Southport, MERSEYSIDE, UNITED KINGDOM, published 2014 by Cambridge University Press.
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New. Contains: Line drawings, Tables, black & white, Unspecified. International Series on Actuarial Science . 80 b/w illus. 45 tables 550 exercises. Intended for professional and scholarly audience.
Add this copy of Computation and Modelling in Insurance and Finance to cart. $177.79, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2014 by Cambridge University Press.
Add this copy of Computation and Modelling in Insurance and Finance to cart. $231.49, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2014 by Cambridge University Press.
