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Technical Ruin Probability (Statistical Science and Applied Probability Series)
Posted on 2010-04-14
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More Sren Asmussen, “Ruin Probability (Statistical Science and Applied Probability Series)” The book is a comprehensive treatment of classical and modern ruin probability theory. Some of the topics are Lundberg's inequality, the Cramér-Lundberg approximation, exact solutions, other approximations (eg. for heavy-tailed claim size distributions), finite horizon ruin probabilities, extensions of the classical compound Poisson model to allow for reserve-dependent premiums, Markov-modulation or periodicity. Special features of the book are the emphasis on change of measure techniques, phase-type distributions as a computational vehicle and the connection to other applied probability areas like queueing theory. Only ONE (1) RS mirror, please
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