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portada Surplus Analysis of Sparre Andersen Insurance Risk Processes
Type
Physical Book
Author
Publisher
Year
2017
Language
English
Pages
225
Format
Hardcover
Dimensions
24.1x16.6x1.8 cm
Weight
0.48 kg.
ISBN13
9783319713618
Edition No.
1
Categories

Surplus Analysis of Sparre Andersen Insurance Risk Processes

Gordon E. Willmot (Author) · Jae-Kyung Woo (Author) · Springer · Hardcover

Surplus Analysis of Sparre Andersen Insurance Risk Processes - Willmot, Gordon E. ; Woo, Jae-Kyung

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Synopsis "Surplus Analysis of Sparre Andersen Insurance Risk Processes"

This carefully written monograph covers the Sparre Andersen process in an actuarial context using the renewal process as the model for claim counts. A unified reference on Sparre Andersen (renewal risk) processes is included, often missing from existing literature. The authors explore recent results and analyse various risk theoretic quantities associated with the event of ruin, including the time of ruin and the deficit of ruin. Particular attention is given to the explicit identification of defective renewal equation components, which are needed to analyse various risk theoretic quantities and are also relevant in other subject areas of applied probability such as dams and storage processes, as well as queuing theory. Aimed at researchers interested in risk/ruin theory and related areas, this work will also appeal to graduate students in classical and modern risk theory and Gerber-Shiu analysis.

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