| Author | : Hanspeter Schmidli |
| File Size | : 40,5 Mb |
| Publisher | : Springer Science & Business Media |
| Language | : English |
| Release Date | : 20 November 2007 |
| ISBN | : 9781848000032 |
| Pages | : 263 pages |
Stochastic Control in Insurance by Hanspeter Schmidli Book PDF Summary
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.
