Stochastic Control in Insurance Paperback / softback
Part of the Probability and Its Applications series
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.
- Format: Paperback / softback
- Pages: 258 pages, XVI, 258 p.
- Publisher: Springer London Ltd
- Publication Date: 21/12/2007
- Category: Insurance & actuarial studies
- ISBN: 9781848000025
- PDF from £59.50