some stochastic insurance models on number of claims



Boris Harlamov Stochastic Risk Analysis and Management Boris Harlamov Stochastic Risk Analysis and Management Новинка

Boris Harlamov Stochastic Risk Analysis and Management

8977.86 руб.
The author investigates the Cramer –Lundberg model, collecting the most interesting theorems and methods, which estimate probability of default for a company of insurance business. These offer different kinds of approximate values for probability of default on the base of normal and diffusion approach and some special asymptotic.
David Insua Bayesian Analysis of Stochastic Process Models David Insua Bayesian Analysis of Stochastic Process Models Новинка

David Insua Bayesian Analysis of Stochastic Process Models

9051.92 руб.
Bayesian analysis of complex models based on stochastic processes has in recent years become a growing area. This book provides a unified treatment of Bayesian analysis of models based on stochastic processes, covering the main classes of stochastic processing including modeling, computational, inference, forecasting, decision making and important applied models. Key features: Explores Bayesian analysis of models based on stochastic processes, providing a unified treatment. Provides a thorough introduction for research students. Computational tools to deal with complex problems are illustrated along with real life case studies Looks at inference, prediction and decision making. Researchers, graduate and advanced undergraduate students interested in stochastic processes in fields such as statistics, operations research (OR), engineering, finance, economics, computer science and Bayesian analysis will benefit from reading this book. With numerous applications included, practitioners of OR, stochastic modelling and applied statistics will also find this book useful.
S. Promislow David Fundamentals of Actuarial Mathematics S. Promislow David Fundamentals of Actuarial Mathematics Новинка

S. Promislow David Fundamentals of Actuarial Mathematics

6869.86 руб.
Provides a comprehensive coverage of both the deterministic and stochastic models of life contingencies, risk theory, credibility theory, multi-state models, and an introduction to modern mathematical finance. New edition restructures the material to fit into modern computational methods and provides several spreadsheet examples throughout. Covers the syllabus for the Institute of Actuaries subject CT5, Contingencies Includes new chapters covering stochastic investments returns, universal life insurance. Elements of option pricing and the Black-Scholes formula will be introduced.
Vigirdas Mackevicius Introduction to Stochastic Analysis. Integrals and Differential Equations Vigirdas Mackevicius Introduction to Stochastic Analysis. Integrals and Differential Equations Новинка

Vigirdas Mackevicius Introduction to Stochastic Analysis. Integrals and Differential Equations

8393.71 руб.
This is an introduction to stochastic integration and stochastic differential equations written in an understandable way for a wide audience, from students of mathematics to practitioners in biology, chemistry, physics, and finances. The presentation is based on the naïve stochastic integration, rather than on abstract theories of measure and stochastic processes. The proofs are rather simple for practitioners and, at the same time, rather rigorous for mathematicians. Detailed application examples in natural sciences and finance are presented. Much attention is paid to simulation diffusion processes. The topics covered include Brownian motion; motivation of stochastic models with Brownian motion; Itô and Stratonovich stochastic integrals, Itô’s formula; stochastic differential equations (SDEs); solutions of SDEs as Markov processes; application examples in physical sciences and finance; simulation of solutions of SDEs (strong and weak approximations). Exercises with hints and/or solutions are also provided.
Jacques Janssen Basic Stochastic Processes Jacques Janssen Basic Stochastic Processes Новинка

Jacques Janssen Basic Stochastic Processes

10149.62 руб.
This book presents basic stochastic processes, stochastic calculus including Lévy processes on one hand, and Markov and Semi Markov models on the other. From the financial point of view, essential concepts such as the Black and Scholes model, VaR indicators, actuarial evaluation, market values, fair pricing play a central role and will be presented. The authors also present basic concepts so that this series is relatively self-contained for the main audience formed by actuaries and particularly with ERM (enterprise risk management) certificates, insurance risk managers, students in Master in mathematics or economics and people involved in Solvency II for insurance companies and in Basel II and III for banks.
Oliver Ibe C. Fundamentals of Stochastic Networks Oliver Ibe C. Fundamentals of Stochastic Networks Новинка

Oliver Ibe C. Fundamentals of Stochastic Networks

11383.1 руб.
An interdisciplinary approach to understanding queueing and graphical networks In today's era of interdisciplinary studies and research activities, network models are becoming increasingly important in various areas where they have not regularly been used. Combining techniques from stochastic processes and graph theory to analyze the behavior of networks, Fundamentals of Stochastic Networks provides an interdisciplinary approach by including practical applications of these stochastic networks in various fields of study, from engineering and operations management to communications and the physical sciences. The author uniquely unites different types of stochastic, queueing, and graphical networks that are typically studied independently of each other. With balanced coverage, the book is organized into three succinct parts: Part I introduces basic concepts in probability and stochastic processes, with coverage on counting, Poisson, renewal, and Markov processes Part II addresses basic queueing theory, with a focus on Markovian queueing systems and also explores advanced queueing theory, queueing networks, and approximations of queueing networks Part III focuses on graphical models, presenting an introduction to graph theory along with Bayesian, Boolean, and random networks The author presents the material in a self-contained style that helps readers apply the presented methods and techniques to science and engineering applications. Numerous practical examples are also provided throughout, including all related mathematical details. Featuring basic results without heavy emphasis on proving theorems, Fundamentals of Stochastic Networks is a suitable book for courses on probability and stochastic networks, stochastic network calculus, and stochastic network optimization at the upper-undergraduate and graduate levels. The book also serves as a reference for researchers and network professionals who would like to learn more about the general principles of stochastic networks.
Jacques Janssen Applied Diffusion Processes from Engineering to Finance Jacques Janssen Applied Diffusion Processes from Engineering to Finance Новинка

Jacques Janssen Applied Diffusion Processes from Engineering to Finance

14989.26 руб.
The aim of this book is to promote interaction between engineering, finance and insurance, as these three domains have many models and methods of solution in common for solving real-life problems. The authors point out the strict inter-relations that exist among the diffusion models used in engineering, finance and insurance. In each of the three fields, the basic diffusion models are presented and their strong similarities are discussed. Analytical, numerical and Monte Carlo simulation methods are explained with a view to applying them to obtain the solutions to the different problems presented in the book. Advanced topics such as nonlinear problems, Lévy processes and semi-Markov models in interactions with the diffusion models are discussed, as well as possible future interactions among engineering, finance and insurance. Contents 1. Diffusion Phenomena and Models. 2. Probabilistic Models of Diffusion Processes. 3. Solving Partial Differential Equations of Second Order. 4. Problems in Finance. 5. Basic PDE in Finance. 6. Exotic and American Options Pricing Theory. 7. Hitting Times for Diffusion Processes and Stochastic Models in Insurance. 8. Numerical Methods. 9. Advanced Topics in Engineering: Nonlinear Models. 10. Lévy Processes. 11. Advanced Topics in Insurance: Copula Models and VaR Techniques. 12. Advanced Topics in Finance: Semi-Markov Models. 13. Monte Carlo Semi-Markov Simulation Methods. About the Authors Jacques Janssen is now Honorary Professor at the Solvay Business School (ULB) in Brussels, Belgium, having previously taught at EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France) and Télécom-Bretagne (Brest, France) as well as being a director of Jacan Insurance and Finance Services, a consultancy and training company. Oronzio Manca is Professor of thermal sciences at Seconda Università degli Studi di Napoli in Italy. He is currently Associate Editor of ASME Journal of Heat Transfer and Journal of Porous Media and a member of the editorial advisory boards for The Open Thermodynamics Journal, Advances in Mechanical Engineering, The Open Fuels & Energy Science Journal. Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science at University of Rome “La Sapienza” in Italy. He is associate editor for the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, application of stochastic processes to economics, finance and insurance and simulation models.
Kwang-Yul Kim Energy Balance Climate Models Kwang-Yul Kim Energy Balance Climate Models Новинка

Kwang-Yul Kim Energy Balance Climate Models

15224.06 руб.
Written by renowned experts in the field, this first book to focus exclusively on energy balance climate models provides a concise overview of the topic. It covers all major aspects, from the simplest zero-dimensional models, proceeding to horizontally and vertically resolved models. The text begins with global average models, which are explored in terms of their elementary forms yielding the global average temperature, right up to the incorporation of feedback mechanisms and some analytical properties of interest. The effect of stochastic forcing is then used to introduce natural variability in the models before turning to the concept of stability theory. Other one dimensional or zonally averaged models are subsequently presented, along with various applications, including chapters on paleoclimatology, the inception of continental glaciations, detection of signals in the climate system, and optimal estimation of large scale quantities from point scale data. Throughout the book, the authors work on two mathematical levels: qualitative physical expositions of the subject material plus optional mathematical sections that include derivations and treatments of the equations along with some proofs of stability theorems. A must-have introduction for policy makers, environmental agencies, and NGOs, as well as climatologists, molecular physicists, and meteorologists.
Waltraud Kahle Degradation Processes in Reliability Waltraud Kahle Degradation Processes in Reliability Новинка

Waltraud Kahle Degradation Processes in Reliability

9758.54 руб.
“Degradation process” refers to many types of reliability models, which correspond to various kinds of stochastic processes used for deterioration modeling. This book focuses on the case of a univariate degradation model with a continuous set of possible outcomes. The envisioned univariate models have one single measurable quantity which is assumed to be observed over time. The first three chapters are each devoted to one degradation model. The last chapter illustrates the use of the previously described degradation models on some real data sets. For each of the degradation models, the authors provide probabilistic results and explore simulation tools for sample paths generation. Various estimation procedures are also developed.
Vladimir Rykov Reliability of Engineering Systems and Technological Risk Vladimir Rykov Reliability of Engineering Systems and Technological Risk Новинка

Vladimir Rykov Reliability of Engineering Systems and Technological Risk

10149.62 руб.
This book is based on a lecture course to students specializing in the safety of technological processes and production. The author focuses on three main problems in technological risks and safety: elements of reliability theory, the basic notions, models and methods of general risk theory and some aspects of insurance in the context of risk management. Although the material in this book is aimed at those working towards a bachelor's degree in engineering, it may also be of interest to postgraduate students and specialists dealing with problems related to reliability and risks.
Yuliya Mishura Theory and Statistical Applications of Stochastic Processes Yuliya Mishura Theory and Statistical Applications of Stochastic Processes Новинка

Yuliya Mishura Theory and Statistical Applications of Stochastic Processes

12100.59 руб.
This book is concerned with the theory of stochastic processes and the theoretical aspects of statistics for stochastic processes. It combines classic topics such as construction of stochastic processes, associated filtrations, processes with independent increments, Gaussian processes, martingales, Markov properties, continuity and related properties of trajectories with contemporary subjects: integration with respect to Gaussian processes, Itȏ integration, stochastic analysis, stochastic differential equations, fractional Brownian motion and parameter estimation in diffusion models.
Thomas Green A dissertation on enthusiasm Thomas Green A dissertation on enthusiasm Новинка

Thomas Green A dissertation on enthusiasm

0 руб.
Полный вариант заголовка: «A dissertation on enthusiasm : shewing the danger of its late increase, and the great mischiefs it has ocasioned, both in ancient and modern times : with an examination of the claims in general now laid to immediate revelations, calls, gifts, or extraordinary communications of the spirit : likewise some observations on the most distinguishing tenets of our modern enthusiasts : to which is added, by way of appendix, an extract (with some additional remarks) from Mr. Rimius's late account of the Moravians, and their doctrines / by Thomas Green».
P. C. G. Vassiliou Discrete-time Asset Pricing Models in Applied Stochastic Finance P. C. G. Vassiliou Discrete-time Asset Pricing Models in Applied Stochastic Finance Новинка

P. C. G. Vassiliou Discrete-time Asset Pricing Models in Applied Stochastic Finance

14287.75 руб.
Stochastic finance and financial engineering have been rapidly expanding fields of science over the past four decades, mainly due to the success of sophisticated quantitative methodologies in helping professionals manage financial risks. In recent years, we have witnessed a tremendous acceleration in research efforts aimed at better comprehending, modeling and hedging this kind of risk. These two volumes aim to provide a foundation course on applied stochastic finance. They are designed for three groups of readers: firstly, students of various backgrounds seeking a core knowledge on the subject of stochastic finance; secondly financial analysts and practitioners in the investment, banking and insurance industries; and finally other professionals who are interested in learning advanced mathematical and stochastic methods, which are basic knowledge in many areas, through finance. Volume 1 starts with the introduction of the basic financial instruments and the fundamental principles of financial modeling and arbitrage valuation of derivatives. Next, we use the discrete-time binomial model to introduce all relevant concepts. The mathematical simplicity of the binomial model also provides us with the opportunity to introduce and discuss in depth concepts such as conditional expectations and martingales in discrete time. However, we do not expand beyond the needs of the stochastic finance framework. Numerous examples, each highlighted and isolated from the text for easy reference and identification, are included. The book concludes with the use of the binomial model to introduce interest rate models and the use of the Markov chain model to introduce credit risk. This volume is designed in such a way that, among other uses, makes it useful as an undergraduate course.
Pavel Shevchenko V. Fundamental Aspects of Operational Risk and Insurance Analytics. A Handbook of Operational Risk Pavel Shevchenko V. Fundamental Aspects of Operational Risk and Insurance Analytics. A Handbook of Operational Risk Новинка

Pavel Shevchenko V. Fundamental Aspects of Operational Risk and Insurance Analytics. A Handbook of Operational Risk

12882.01 руб.
A one-stop guide for the theories, applications, and statistical methodologies essential to operational risk Providing a complete overview of operational risk modeling and relevant insurance analytics, Fundamental Aspects of Operational Risk and Insurance Analytics: A Handbook of Operational Risk offers a systematic approach that covers the wide range of topics in this area. Written by a team of leading experts in the field, the handbook presents detailed coverage of the theories, applications, and models inherent in any discussion of the fundamentals of operational risk, with a primary focus on Basel II/III regulation, modeling dependence, estimation of risk models, and modeling the data elements. Fundamental Aspects of Operational Risk and Insurance Analytics: A Handbook of Operational Risk begins with coverage on the four data elements used in operational risk framework as well as processing risk taxonomy. The book then goes further in-depth into the key topics in operational risk measurement and insurance, for example diverse methods to estimate frequency and severity models. Finally, the book ends with sections on specific topics, such as scenario analysis; multifactor modeling; and dependence modeling. A unique companion with Advances in Heavy Tailed Risk Modeling: A Handbook of Operational Risk, the handbook also features: Discussions on internal loss data and key risk indicators, which are both fundamental for developing a risk-sensitive framework Guidelines for how operational risk can be inserted into a firm’s strategic decisions A model for stress tests of operational risk under the United States Comprehensive Capital Analysis and Review (CCAR) program A valuable reference for financial engineers, quantitative analysts, risk managers, and large-scale consultancy groups advising banks on their internal systems, the handbook is also useful for academics teaching postgraduate courses on the methodology of operational risk.
Majid Jaberi-Douraki Mathematical Modelling. A Graduate Textbook Majid Jaberi-Douraki Mathematical Modelling. A Graduate Textbook Новинка

Majid Jaberi-Douraki Mathematical Modelling. A Graduate Textbook

7866.09 руб.
An important resource that provides an overview of mathematical modelling Mathematical Modelling offers a comprehensive guide to both analytical and computational aspects of mathematical modelling that encompasses a wide range of subjects. The authors provide an overview of the basic concepts of mathematical modelling and review the relevant topics from differential equations and linear algebra. The text explores the various types of mathematical models, and includes a range of examples that help to describe a variety of techniques from dynamical systems theory. The book’s analytical techniques examine compartmental modelling, stability, bifurcation, discretization, and fixed-point analysis. The theoretical analyses involve systems of ordinary differential equations for deterministic models. The text also contains information on concepts of probability and random variables as the requirements of stochastic processes. In addition, the authors describe algorithms for computer simulation of both deterministic and stochastic models, and review a number of well-known models that illustrate their application in different fields of study. This important resource: Includes a broad spectrum of models that fall under deterministic and stochastic classes and discusses them in both continuous and discrete forms Demonstrates the wide spectrum of problems that can be addressed through mathematical modelling based on fundamental tools and techniques in applied mathematics and statistics Contains an appendix that reveals the overall approach that can be taken to solve exercises in different chapters Offers many exercises to help better understand the modelling process Written for graduate students in applied mathematics, instructors, and professionals using mathematical modelling for research and training purposes, Mathematical Modelling: A Graduate Textbook covers a broad range of analytical and computational aspects of mathematical modelling.
Cho W. S. To Stochastic Structural Dynamics. Application of Finite Element Methods Cho W. S. To Stochastic Structural Dynamics. Application of Finite Element Methods Новинка

Cho W. S. To Stochastic Structural Dynamics. Application of Finite Element Methods

11383.1 руб.
One of the first books to provide in-depth and systematic application of finite element methods to the field of stochastic structural dynamics The parallel developments of the Finite Element Methods in the 1950’s and the engineering applications of stochastic processes in the 1940’s provided a combined numerical analysis tool for the studies of dynamics of structures and structural systems under random loadings. In the open literature, there are books on statistical dynamics of structures and books on structural dynamics with chapters dealing with random response analysis. However, a systematic treatment of stochastic structural dynamics applying the finite element methods seems to be lacking. Aimed at advanced and specialist levels, the author presents and illustrates analytical and direct integration methods for analyzing the statistics of the response of structures to stochastic loads. The analysis methods are based on structural models represented via the Finite Element Method. In addition to linear problems the text also addresses nonlinear problems and non-stationary random excitation with systems having large spatially stochastic property variations. A systematic treatment of stochastic structural dynamics applying the finite element methods Highly illustrated throughout and aimed at advanced and specialist levels, it focuses on computational aspects instead of theory Emphasizes results mainly in the time domain with limited contents in the time-frequency domain Presents and illustrates direction integration methods for analyzing the statistics of the response of linear and nonlinear structures to stochastic loads Under Author Information – one change of word to existing text: He is a Fellow of the American Society of Mechanical Engineers (ASME)........
Guojun Gan Measure, Probability, and Mathematical Finance. A Problem-Oriented Approach Guojun Gan Measure, Probability, and Mathematical Finance. A Problem-Oriented Approach Новинка

Guojun Gan Measure, Probability, and Mathematical Finance. A Problem-Oriented Approach

10929.56 руб.
An introduction to the mathematical theory and financial models developed and used on Wall Street Providing both a theoretical and practical approach to the underlying mathematical theory behind financial models, Measure, Probability, and Mathematical Finance: A Problem-Oriented Approach presents important concepts and results in measure theory, probability theory, stochastic processes, and stochastic calculus. Measure theory is indispensable to the rigorous development of probability theory and is also necessary to properly address martingale measures, the change of numeraire theory, and LIBOR market models. In addition, probability theory is presented to facilitate the development of stochastic processes, including martingales and Brownian motions, while stochastic processes and stochastic calculus are discussed to model asset prices and develop derivative pricing models. The authors promote a problem-solving approach when applying mathematics in real-world situations, and readers are encouraged to address theorems and problems with mathematical rigor. In addition, Measure, Probability, and Mathematical Finance features: A comprehensive list of concepts and theorems from measure theory, probability theory, stochastic processes, and stochastic calculus Over 500 problems with hints and select solutions to reinforce basic concepts and important theorems Classic derivative pricing models in mathematical finance that have been developed and published since the seminal work of Black and Scholes Measure, Probability, and Mathematical Finance: A Problem-Oriented Approach is an ideal textbook for introductory quantitative courses in business, economics, and mathematical finance at the upper-undergraduate and graduate levels. The book is also a useful reference for readers who need to build their mathematical skills in order to better understand the mathematical theory of derivative pricing models.
Marco Gantenbein Swiss Annuities and Life Insurance. Secure Returns, Asset Protection, and Privacy Marco Gantenbein Swiss Annuities and Life Insurance. Secure Returns, Asset Protection, and Privacy Новинка

Marco Gantenbein Swiss Annuities and Life Insurance. Secure Returns, Asset Protection, and Privacy

5886.19 руб.
Swiss Annuities and Life Insurance examines the key characteristics of Swiss annuities and life insurance, and explains how the use of these products can help you achieve asset protection, growth, and, in some cases, significant tax planning opportunities. Swiss annuities and life insurance are an excellent alternative investment, particularly for high-net-worth individuals. With this expert guidebook, you too will learn how to safely capitalize on these attractive products.
Pavel Shevchenko V. Advances in Heavy Tailed Risk Modeling. A Handbook of Operational Risk Pavel Shevchenko V. Advances in Heavy Tailed Risk Modeling. A Handbook of Operational Risk Новинка

Pavel Shevchenko V. Advances in Heavy Tailed Risk Modeling. A Handbook of Operational Risk

12491.67 руб.
A cutting-edge guide for the theories, applications, and statistical methodologies essential to heavy tailed risk modeling Focusing on the quantitative aspects of heavy tailed loss processes in operational risk and relevant insurance analytics, Advances in Heavy Tailed Risk Modeling: A Handbook of Operational Risk presents comprehensive coverage of the latest research on the theories and applications in risk measurement and modeling techniques. Featuring a unique balance of mathematical and statistical perspectives, the handbook begins by introducing the motivation for heavy tailed risk processes in high consequence low frequency loss modeling. With a companion, Fundamental Aspects of Operational Risk and Insurance Analytics: A Handbook of Operational Risk, the book provides a complete framework for all aspects of operational risk management and includes: Clear coverage on advanced topics such as splice loss models, extreme value theory, heavy tailed closed form loss distributional approach models, flexible heavy tailed risk models, risk measures, and higher order asymptotic approximations of risk measures for capital estimation An exploration of the characterization and estimation of risk and insurance modelling, which includes sub-exponential models, alpha-stable models, and tempered alpha stable models An extended discussion of the core concepts of risk measurement and capital estimation as well as the details on numerical approaches to evaluation of heavy tailed loss process model capital estimates Numerous detailed examples of real-world methods and practices of operational risk modeling used by both financial and non-financial institutions Advances in Heavy Tailed Risk Modeling: A Handbook of Operational Risk is an excellent reference for risk management practitioners, quantitative analysts, financial engineers, and risk managers. The book is also a useful handbook for graduate-level courses on heavy tailed processes, advanced risk management, and actuarial science.
Goh Vanessa SuLee Complex Valued Nonlinear Adaptive Filters. Noncircularity, Widely Linear and Neural Models Goh Vanessa SuLee Complex Valued Nonlinear Adaptive Filters. Noncircularity, Widely Linear and Neural Models Новинка

Goh Vanessa SuLee Complex Valued Nonlinear Adaptive Filters. Noncircularity, Widely Linear and Neural Models

12560.66 руб.
This book was written in response to the growing demand for a text that provides a unified treatment of linear and nonlinear complex valued adaptive filters, and methods for the processing of general complex signals (circular and noncircular). It brings together adaptive filtering algorithms for feedforward (transversal) and feedback architectures and the recent developments in the statistics of complex variable, under the powerful frameworks of CR (Wirtinger) calculus and augmented complex statistics. This offers a number of theoretical performance gains, which is illustrated on both stochastic gradient algorithms, such as the augmented complex least mean square (ACLMS), and those based on Kalman filters. This work is supported by a number of simulations using synthetic and real world data, including the noncircular and intermittent radar and wind signals.
Nicolae Brinzei Systems Dependability Assessment. Modeling with Graphs and Finite State Automata Nicolae Brinzei Systems Dependability Assessment. Modeling with Graphs and Finite State Automata Новинка

Nicolae Brinzei Systems Dependability Assessment. Modeling with Graphs and Finite State Automata

6089.18 руб.
Presents recent developments of probabilistic assessment of systems dependability based on stochastic models, including graph theory, finite state automaton and language theory, for both dynamic and hybrid contexts.
Karam Sab Homogenization of Heterogeneous Thin and Thick Plates Karam Sab Homogenization of Heterogeneous Thin and Thick Plates Новинка

Karam Sab Homogenization of Heterogeneous Thin and Thick Plates

12372.42 руб.
This book gives new insight on plate models in the linear elasticity framework tacking into account heterogeneities and thickness effects. It is targeted to graduate students how want to discover plate models but deals also with latest developments on higher order models. Plates models are both an ancient matter and a still active field of research. First attempts date back to the beginning of the 19th century with Sophie Germain. Very efficient models have been suggested for homogeneous and isotropic plates by Love (1888) for thin plates and Reissner (1945) for thick plates. However, the extension of such models to more general situations –such as laminated plates with highly anisotropic layers– and periodic plates –such as honeycomb sandwich panels– raised a number of difficulties. An extremely wide literature is accessible on these questions, from very simplistic approaches, which are very limited, to extremely elaborated mathematical theories, which might refrain the beginner. Starting from continuum mechanics concepts, this book introduces plate models of progressive complexity and tackles rigorously the influence of the thickness of the plate and of the heterogeneity. It provides also latest research results. The major part of the book deals with a new theory which is the extension to general situations of the well established Reissner-Mindlin theory. These results are completely new and give a new insight to some aspects of plate theories which were controversial till recently.
Michael Panik J. Stochastic Differential Equations. An Introduction with Applications in Population Dynamics Modeling Michael Panik J. Stochastic Differential Equations. An Introduction with Applications in Population Dynamics Modeling Новинка

Michael Panik J. Stochastic Differential Equations. An Introduction with Applications in Population Dynamics Modeling

10539.96 руб.
A beginner’s guide to stochastic growth modeling The chief advantage of stochastic growth models over deterministic models is that they combine both deterministic and stochastic elements of dynamic behaviors, such as weather, natural disasters, market fluctuations, and epidemics. This makes stochastic modeling a powerful tool in the hands of practitioners in fields for which population growth is a critical determinant of outcomes. However, the background requirements for studying SDEs can be daunting for those who lack the rigorous course of study received by math majors. Designed to be accessible to readers who have had only a few courses in calculus and statistics, this book offers a comprehensive review of the mathematical essentials needed to understand and apply stochastic growth models. In addition, the book describes deterministic and stochastic applications of population growth models including logistic, generalized logistic, Gompertz, negative exponential, and linear. Ideal for students and professionals in an array of fields including economics, population studies, environmental sciences, epidemiology, engineering, finance, and the biological sciences, Stochastic Differential Equations: An Introduction with Applications in Population Dynamics Modeling: • Provides precise definitions of many important terms and concepts and provides many solved example problems • Highlights the interpretation of results and does not rely on a theorem-proof approach • Features comprehensive chapters addressing any background deficiencies readers may have and offers a comprehensive review for those who need a mathematics refresher • Emphasizes solution techniques for SDEs and their practical application to the development of stochastic population models An indispensable resource for students and practitioners with limited exposure to mathematics and statistics, Stochastic Differential Equations: An Introduction with Applications in Population Dynamics Modeling is an excellent fit for advanced undergraduates and beginning graduate students, as well as practitioners who need a gentle introduction to SDEs. Michael J. Panik, PhD, is Professor in the Department of Economics, Barney School of Business and Public Administration at the University of Hartford in Connecticut. He received his PhD in Economics from Boston College and is a member of the American Mathematical Society, The American Statistical Association, and The Econometric Society.
Dietrich Stoyan Stochastic Geometry and Its Applications Dietrich Stoyan Stochastic Geometry and Its Applications Новинка

Dietrich Stoyan Stochastic Geometry and Its Applications

8900.08 руб.
An extensive update to a classic text Stochastic geometry and spatial statistics play a fundamental role in many modern branches of physics, materials sciences, engineering, biology and environmental sciences. They offer successful models for the description of random two- and three-dimensional micro and macro structures and statistical methods for their analysis. The previous edition of this book has served as the key reference in its field for over 18 years and is regarded as the best treatment of the subject of stochastic geometry, both as a subject with vital applications to spatial statistics and as a very interesting field of mathematics in its own right. This edition: Presents a wealth of models for spatial patterns and related statistical methods. Provides a great survey of the modern theory of random tessellations, including many new models that became tractable only in the last few years. Includes new sections on random networks and random graphs to review the recent ever growing interest in these areas. Provides an excellent introduction to theory and modelling of point processes, which covers some very latest developments. Illustrate the forefront theory of random sets, with many applications. Adds new results to the discussion of fibre and surface processes. Offers an updated collection of useful stereological methods. Includes 700 new references. Is written in an accessible style enabling non-mathematicians to benefit from this book. Provides a companion website hosting information on recent developments in the field www.wiley.com/go/cskm Stochastic Geometry and its Applications is ideally suited for researchers in physics, materials science, biology and ecological sciences as well as mathematicians and statisticians. It should also serve as a valuable introduction to the subject for students of mathematics and statistics.
Tony Boobier Analytics for Insurance. The Real Business of Big Data Tony Boobier Analytics for Insurance. The Real Business of Big Data Новинка

Tony Boobier Analytics for Insurance. The Real Business of Big Data

6540.21 руб.
The business guide to Big Data in insurance, with practical application insight Big Data and Analytics for Insurers is the industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. Written from a non-IT perspective, this book focusses less on the architecture and technical details, instead providing practical guidance on translating analytics into target delivery. The discussion examines implementation, interpretation, and application to show you what Big Data can do for your business, with insights and examples targeted specifically to the insurance industry. From fraud analytics in claims management, to customer analytics, to risk analytics in Solvency 2, comprehensive coverage presented in accessible language makes this guide an invaluable resource for any insurance professional. The insurance industry is heavily dependent on data, and the advent of Big Data and analytics represents a major advance with tremendous potential – yet clear, practical advice on the business side of analytics is lacking. This book fills the void with concrete information on using Big Data in the context of day-to-day insurance operations and strategy. Understand what Big Data is and what it can do Delve into Big Data's specific impact on the insurance industry Learn how advanced analytics can revolutionise the industry Bring Big Data out of IT and into strategy, management, marketing, and more Big Data and analytics is changing business – but how? The majority of Big Data guides discuss data collection, database administration, advanced analytics, and the power of Big Data – but what do you actually do with it? Big Data and Analytics for Insurers answers your questions in real, everyday business terms, tailored specifically to the insurance industry's unique needs, challenges, and targets.
Nicolae Brinzei Systems Dependability Assessment. Benefits of Petri Net Models Nicolae Brinzei Systems Dependability Assessment. Benefits of Petri Net Models Новинка

Nicolae Brinzei Systems Dependability Assessment. Benefits of Petri Net Models

11519.15 руб.
Petri Nets were defined for the study of discrete events systems and later extended for many purposes including dependability assessment. In our knowledge, no book deals specifically with the use of different type of PN to dependability. We propose in addition to bring a focus on the adequacy of Petri net types to the study of various problems related to dependability such as risk analysis and probabilistic assessment. In the first part, the basic models of PN and some useful extensions are briefly recalled. In the second part, the PN are used as a formal model to describe the evolution process of critical system in the frame of an ontological approach. The third part focuses on the stochastic Petri Nets (SPN) and their use in dependability assessment. Different formal models of SPN are formally presented (semantics, evolution rules…) and their equivalence with the corresponding class of Markov processes to get an analytical assessment of dependability. Simplification methods are proposed in order to reduce the size of analytical model and to make it more calculable. The introduction of some concepts specific to high level PN allows too the consideration of complex systems. Few applications in the field of the instrumentation and control (l&C) systems, safety integrated systems (SIS) emphasize the benefits of SPN for dependability assessment.
Cho W. S. To Introduction to Dynamics and Control in Mechanical Engineering Systems Cho W. S. To Introduction to Dynamics and Control in Mechanical Engineering Systems Новинка

Cho W. S. To Introduction to Dynamics and Control in Mechanical Engineering Systems

8052.74 руб.
One of the first books to provide in-depth and systematic application of finite element methods to the field of stochastic structural dynamics The parallel developments of the Finite Element Methods in the 1950’s and the engineering applications of stochastic processes in the 1940’s provided a combined numerical analysis tool for the studies of dynamics of structures and structural systems under random loadings. In the open literature, there are books on statistical dynamics of structures and books on structural dynamics with chapters dealing with random response analysis. However, a systematic treatment of stochastic structural dynamics applying the finite element methods seems to be lacking. Aimed at advanced and specialist levels, the author presents and illustrates analytical and direct integration methods for analyzing the statistics of the response of structures to stochastic loads. The analysis methods are based on structural models represented via the Finite Element Method. In addition to linear problems the text also addresses nonlinear problems and non-stationary random excitation with systems having large spatially stochastic property variations.
Luc Bauwens Handbook of Volatility Models and Their Applications Luc Bauwens Handbook of Volatility Models and Their Applications Новинка

Luc Bauwens Handbook of Volatility Models and Their Applications

13350.12 руб.
A complete guide to the theory and practice of volatility models in financial engineering Volatility has become a hot topic in this era of instant communications, spawning a great deal of research in empirical finance and time series econometrics. Providing an overview of the most recent advances, Handbook of Volatility Models and Their Applications explores key concepts and topics essential for modeling the volatility of financial time series, both univariate and multivariate, parametric and non-parametric, high-frequency and low-frequency. Featuring contributions from international experts in the field, the book features numerous examples and applications from real-world projects and cutting-edge research, showing step by step how to use various methods accurately and efficiently when assessing volatility rates. Following a comprehensive introduction to the topic, readers are provided with three distinct sections that unify the statistical and practical aspects of volatility: Autoregressive Conditional Heteroskedasticity and Stochastic Volatility presents ARCH and stochastic volatility models, with a focus on recent research topics including mean, volatility, and skewness spillovers in equity markets Other Models and Methods presents alternative approaches, such as multiplicative error models, nonparametric and semi-parametric models, and copula-based models of (co)volatilities Realized Volatility explores issues of the measurement of volatility by realized variances and covariances, guiding readers on how to successfully model and forecast these measures Handbook of Volatility Models and Their Applications is an essential reference for academics and practitioners in finance, business, and econometrics who work with volatility models in their everyday work. The book also serves as a supplement for courses on risk management and volatility at the upper-undergraduate and graduate levels.
Jacques Janssen Semi-Markov Migration Models for Credit Risk Jacques Janssen Semi-Markov Migration Models for Credit Risk Новинка

Jacques Janssen Semi-Markov Migration Models for Credit Risk

10149.62 руб.
Credit risk is one of the most important contemporary problems for banks and insurance companies. Indeed, for banks, more than forty percent of the equities are necessary to cover this risk. Though this problem is studied by large rating agencies with substantial economic, social and financial tools, building stochastic models is nevertheless necessary to complete this descriptive orientation. This book presents a complete presentation of such a category of models using homogeneous and non-homogeneous semi-Markov processes developed by the authors in several recent papers. This approach provides a good method of evaluating the default risk and the classical VaR indicators used for Solvency II and Basel III governance rules. This book is the first to present a complete semi-Markov treatment of credit risk while also insisting on the practical use of the models presented here, including numerical aspects, so that this book is not only useful for scientific research but also to managers working in this field for banks, insurance companies, pension funds and other financial institutions.
Ionut Florescu Probability and Stochastic Processes Ionut Florescu Probability and Stochastic Processes Новинка

Ionut Florescu Probability and Stochastic Processes

9758.54 руб.
A comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications With a sophisticated approach, Probability and Stochastic Processes successfully balances theory and applications in a pedagogical and accessible format. The book’s primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes. Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, Probability and Stochastic Processes also includes: Multiple examples from disciplines such as business, mathematical finance, and engineering Chapter-by-chapter exercises and examples to allow readers to test their comprehension of the presented material A rigorous treatment of all probability and stochastic processes concepts An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, Probability and Stochastic Processes is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.
Jacques Janssen VaR Methodology for Non-Gaussian Finance Jacques Janssen VaR Methodology for Non-Gaussian Finance Новинка

Jacques Janssen VaR Methodology for Non-Gaussian Finance

6714.32 руб.
With the impact of the recent financial crises, more attention must be given to new models in finance rejecting “Black-Scholes-Samuelson” assumptions leading to what is called non-Gaussian finance. With the growing importance of Solvency II, Basel II and III regulatory rules for insurance companies and banks, value at risk (VaR) – one of the most popular risk indicator techniques plays a fundamental role in defining appropriate levels of equities. The aim of this book is to show how new VaR techniques can be built more appropriately for a crisis situation. VaR methodology for non-Gaussian finance looks at the importance of VaR in standard international rules for banks and insurance companies; gives the first non-Gaussian extensions of VaR and applies several basic statistical theories to extend classical results of VaR techniques such as the NP approximation, the Cornish-Fisher approximation, extreme and a Pareto distribution. Several non-Gaussian models using Copula methodology, Lévy processes along with particular attention to models with jumps such as the Merton model are presented; as are the consideration of time homogeneous and non-homogeneous Markov and semi-Markov processes and for each of these models. Contents 1. Use of Value-at-Risk (VaR) Techniques for Solvency II, Basel II and III. 2. Classical Value-at-Risk (VaR) Methods. 3. VaR Extensions from Gaussian Finance to Non-Gaussian Finance. 4. New VaR Methods of Non-Gaussian Finance. 5. Non-Gaussian Finance: Semi-Markov Models. About the Authors Marine Habart-Corlosquet is a Qualified and Certified Actuary at BNP Paribas Cardif, Paris, France. She is co-director of EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France), and associate researcher at Telecom Bretagne (Brest, France) as well as a board member of the French Institute of Actuaries. She teaches at EURIA, Telecom Bretagne and Ecole Centrale Paris (France). Her main research interests are pandemics, Solvency II internal models and ALM issues for insurance companies. Jacques Janssen is now Honorary Professor at the Solvay Business School (ULB) in Brussels, Belgium, having previously taught at EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France) and Telecom Bretagne (Brest, France) as well as being a director of Jacan Insurance and Finance Services, a consultancy and training company. Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science at University of Roma “La Sapienza” in Italy. He is associate editor for the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, application of stochastic processes to economics, finance and insurance and simulation models.
Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists Новинка

Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists

8900.08 руб.
Stochastic Numerical Methods introduces at Master level the numerical methods that use probability or stochastic concepts to analyze random processes. The book aims at being rather general and is addressed at students of natural sciences (Physics, Chemistry, Mathematics, Biology, etc.) and Engineering, but also social sciences (Economy, Sociology, etc.) where some of the techniques have been used recently to numerically simulate different agent-based models. Examples included in the book range from phase-transitions and critical phenomena, including details of data analysis (extraction of critical exponents, finite-size effects, etc.), to population dynamics, interfacial growth, chemical reactions, etc. Program listings are integrated in the discussion of numerical algorithms to facilitate their understanding. From the contents: Review of Probability Concepts Monte Carlo Integration Generation of Uniform and Non-uniform Random Numbers: Non-correlated Values Dynamical Methods Applications to Statistical Mechanics Introduction to Stochastic Processes Numerical Simulation of Ordinary and Partial Stochastic Differential Equations Introduction to Master Equations Numerical Simulations of Master Equations Hybrid Monte Carlo Generation of n-Dimensional Correlated Gaussian Variables Collective Algorithms for Spin Systems Histogram Extrapolation Multicanonical Simulations
Claude-henri Lamarque Non Smooth Deterministic or Stochastic Discrete Dynamical Systems. Applications to Models with Friction or Impact Claude-henri Lamarque Non Smooth Deterministic or Stochastic Discrete Dynamical Systems. Applications to Models with Friction or Impact Новинка

Claude-henri Lamarque Non Smooth Deterministic or Stochastic Discrete Dynamical Systems. Applications to Models with Friction or Impact

16472.86 руб.
This book contains theoretical and application-oriented methods to treat models of dynamical systems involving non-smooth nonlinearities. The theoretical approach that has been retained and underlined in this work is associated with differential inclusions of mainly finite dimensional dynamical systems and the introduction of maximal monotone operators (graphs) in order to describe models of impact or friction. The authors of this book master the mathematical, numerical and modeling tools in a particular way so that they can propose all aspects of the approach, in both a deterministic and stochastic context, in order to describe real stresses exerted on physical systems. Such tools are very powerful for providing reference numerical approximations of the models. Such an approach is still not very popular nevertheless, even though it could be very useful for many models of numerous fields (e.g. mechanics, vibrations, etc.). This book is especially suited for people both in research and industry interested in the modeling and numerical simulation of discrete mechanical systems with friction or impact phenomena occurring in the presence of classical (linear elastic) or non-classical constitutive laws (delay, memory effects, etc.). It aims to close the gap between highly specialized mathematical literature and engineering applications, as well as to also give tools in the framework of non-smooth stochastic differential systems: thus, applications involving stochastic excitations (earthquakes, road surfaces, wind models etc.) are considered. Contents 1. Some Simple Examples. 2. Theoretical Deterministic Context. 3. Stochastic Theoretical Context. 4. Riemannian Theoretical Context. 5. Systems with Friction. 6. Impact Systems. 7. Applications–Extensions. About the Authors Jérôme Bastien is Assistant Professor at the University Lyon 1 (Centre de recherche et d'Innovation sur le sport) in France. Frédéric Bernardin is a Research Engineer at Département Laboratoire de Clermont-Ferrand (DLCF), Centre d'Etudes Techniques de l'Equipement (CETE), Lyon, France. Claude-Henri Lamarque is Head of Laboratoire Géomatériaux et Génie Civil (LGCB) and Professor at Ecole des Travaux Publics de l'Etat (ENTPE), Vaulx-en-Velin, France.
Wetterau Daniel Financial Modelling. Theory, Implementation and Practice with MATLAB Source Wetterau Daniel Financial Modelling. Theory, Implementation and Practice with MATLAB Source Новинка

Wetterau Daniel Financial Modelling. Theory, Implementation and Practice with MATLAB Source

10595.14 руб.
Financial modelling Theory, Implementation and Practice with Matlab Source Jörg Kienitz and Daniel Wetterau Financial Modelling – Theory, Implementation and Practice with MATLAB Source is a unique combination of quantitative techniques, the application to financial problems and programming using Matlab. The book enables the reader to model, design and implement a wide range of financial models for derivatives pricing and asset allocation, providing practitioners with complete financial modelling workflow, from model choice, deriving prices and Greeks using (semi-) analytic and simulation techniques, and calibration even for exotic options. The book is split into three parts. The first part considers financial markets in general and looks at the complex models needed to handle observed structures, reviewing models based on diffusions including stochastic-local volatility models and (pure) jump processes. It shows the possible risk-neutral densities, implied volatility surfaces, option pricing and typical paths for a variety of models including SABR, Heston, Bates, Bates-Hull-White, Displaced-Heston, or stochastic volatility versions of Variance Gamma, respectively Normal Inverse Gaussian models and finally, multi-dimensional models. The stochastic-local-volatility Libor market model with time-dependent parameters is considered and as an application how to price and risk-manage CMS spread products is demonstrated. The second part of the book deals with numerical methods which enables the reader to use the models of the first part for pricing and risk management, covering methods based on direct integration and Fourier transforms, and detailing the implementation of the COS, CONV, Carr-Madan method or Fourier-Space-Time Stepping. This is applied to pricing of European, Bermudan and exotic options as well as the calculation of the Greeks. The Monte Carlo simulation technique is outlined and bridge sampling is discussed in a Gaussian setting and for Lévy processes. Computation of Greeks is covered using likelihood ratio methods and adjoint techniques. A chapter on state-of-the-art optimization algorithms rounds up the toolkit for applying advanced mathematical models to financial problems and the last chapter in this section of the book also serves as an introduction to model risk. The third part is devoted to the usage of Matlab, introducing the software package by describing the basic functions applied for financial engineering. The programming is approached from an object-oriented perspective with examples to propose a framework for calibration, hedging and the adjoint method for calculating Greeks in a Libor market model. Source code used for producing the results and analysing the models is provided on the author's dedicated website, http://www.mathworks.de/matlabcentral/fileexchange/authors/246981.
Jie Liang Models and Algorithms for Biomolecules and Molecular Networks Jie Liang Models and Algorithms for Biomolecules and Molecular Networks Новинка

Jie Liang Models and Algorithms for Biomolecules and Molecular Networks

8977.86 руб.
By providing expositions to modeling principles, theories, computational solutions, and open problems, this reference presents a full scope on relevant biological phenomena, modeling frameworks, technical challenges, and algorithms. Up-to-date developments of structures of biomolecules, systems biology, advanced models, and algorithms Sampling techniques for estimating evolutionary rates and generating molecular structures Accurate computation of probability landscape of stochastic networks, solving discrete chemical master equations End-of-chapter exercises
Charalambos Charalambides A. Discrete q-Distributions Charalambos Charalambides A. Discrete q-Distributions Новинка

Charalambos Charalambides A. Discrete q-Distributions

7803.13 руб.
A self-contained study of the various applications and developments of discrete distribution theory Written by a well-known researcher in the field, Discrete q-Distributions features an organized presentation of discrete q-distributions based on the stochastic model of a sequence of independent Bernoulli trials. In an effort to keep the book self-contained, the author covers all of the necessary basic q-sequences and q-functions. The book begins with an introduction of the notions of a q-power, a q-factorial, and a q-binomial coefficient and proceeds to discuss the basic q-combinatorics and q-hypergeometric series. Next, the book addresses discrete q-distributions with success probability at a trial varying geometrically, with rate q, either with the number of previous trials or with the number of previous successes. Further, the book examines two interesting stochastic models with success probability at any trial varying geometrically both with the number of trials and the number of successes and presents local and global limit theorems. Discrete q-Distributions also features: Discussions of the definitions and theorems that highlight key concepts and results Several worked examples that illustrate the applications of the presented theory Numerous exercises at varying levels of difficulty that consolidate the concepts and results as well as complement, extend, or generalize the results Detailed hints and answers to all the exercises in an appendix to help less-experienced readers gain a better understanding of the content An up-to-date bibliography that includes the latest trends and advances in the field and provides a collective source for further research An Instructor’s Solutions Manual available on a companion website A unique reference for researchers and practitioners in statistics, mathematics, physics, engineering, and other applied sciences, Discrete q-Distributions is also an appropriate textbook for graduate-level courses in discrete statistical distributions, distribution theory, and combinatorics.
Xavier Descombes Stochastic Geometry for Image Analysis Xavier Descombes Stochastic Geometry for Image Analysis Новинка

Xavier Descombes Stochastic Geometry for Image Analysis

12953.18 руб.
This book develops the stochastic geometry framework for image analysis purpose. Two main frameworks are described: marked point process and random closed sets models. We derive the main issues for defining an appropriate model. The algorithms for sampling and optimizing the models as well as for estimating parameters are reviewed. Numerous applications, covering remote sensing images, biological and medical imaging, are detailed. This book provides all the necessary tools for developing an image analysis application based on modern stochastic modeling.
Maurice Clerc Guided Randomness in Optimization, Volume 1 Maurice Clerc Guided Randomness in Optimization, Volume 1 Новинка

Maurice Clerc Guided Randomness in Optimization, Volume 1

10539.96 руб.
The performance of an algorithm used depends on the GNA. This book focuses on the comparison of optimizers, it defines a stress-outcome approach which can be derived all the classic criteria (median, average, etc.) and other more sophisticated. Source-codes used for the examples are also presented, this allows a reflection on the «superfluous chance,» succinctly explaining why and how the stochastic aspect of optimization could be avoided in some cases.
Moyal Pascal Stochastic Modeling and Analysis of Telecom Networks Moyal Pascal Stochastic Modeling and Analysis of Telecom Networks Новинка

Moyal Pascal Stochastic Modeling and Analysis of Telecom Networks

15465.31 руб.
This book addresses the stochastic modeling of telecommunication networks, introducing the main mathematical tools for that purpose, such as Markov processes, real and spatial point processes and stochastic recursions, and presenting a wide list of results on stability, performances and comparison of systems. The authors propose a comprehensive mathematical construction of the foundations of stochastic network theory: Markov chains, continuous time Markov chains are extensively studied using an original martingale-based approach. A complete presentation of stochastic recursions from an ergodic theoretical perspective is also provided, as well as spatial point processes. Using these basic tools, stability criteria, performance measures and comparison principles are obtained for a wide class of models, from the canonical M/M/1 and G/G/1 queues to more sophisticated systems, including the current “hot topics” of spatial radio networking, OFDMA and real-time networks. Contents 1. Introduction. Part 1: Discrete-time Modeling 2. Stochastic Recursive Sequences. 3. Markov Chains. 4. Stationary Queues. 5. The M/GI/1 Queue. Part 2: Continuous-time Modeling 6. Poisson Process. 7. Markov Process. 8. Systems with Delay. 9. Loss Systems. Part 3: Spatial Modeling 10. Spatial Point Processes.
Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus Новинка

Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus

4251.14 руб.
Mathematical finance requires the use of advanced mathematical techniques drawn from the theory of probability, stochastic processes and stochastic differential equations. These areas are generally introduced and developed at an abstract level, making it problematic when applying these techniques to practical issues in finance. Problems and Solutions in Mathematical Finance Volume I: Stochastic Calculus is the first of a four-volume set of books focusing on problems and solutions in mathematical finance. This volume introduces the reader to the basic stochastic calculus concepts required for the study of this important subject, providing a large number of worked examples which enable the reader to build the necessary foundation for more practical orientated problems in the later volumes. Through this application and by working through the numerous examples, the reader will properly understand and appreciate the fundamentals that underpin mathematical finance. Written mainly for students, industry practitioners and those involved in teaching in this field of study, Stochastic Calculus provides a valuable reference book to complement one’s further understanding of mathematical finance.
Matts Roos Introduction to Cosmology Matts Roos Introduction to Cosmology Новинка

Matts Roos Introduction to Cosmology

5464.78 руб.
The Fourth Edition ofIntroduction to Cosmology provides a concise, authoritative study of cosmology at an introductory level. Starting from elementary principles and the early history of cosmology, the text carefully guides the student on to curved spacetimes, special and general relativity, gravitational lensing, the thermal history of the Universe, and cosmological models, including extended gravity models, black holes and Hawking's recent conjectures on the not-so-black holes. Introduction to Cosmology, Fourth Edition includes: New theoretical approaches and in-depth material on observational astrophysics and expanded sections on astrophysical phenomena Illustrations throughout and comprehensive references with problems at the end of each chapter and a rich index at the end of the book Latest observational results from WMAP9, ACT, and Planck, and all cosmological parameters have been brought up to date. This text is invaluable for undergraduate students in physics and astrophysics taking a first course in cosmology. Extensively revised, this latest edition extends the chapter on cosmic inflation to the recent schism on eternal inflation and multiverses. Dark matter is discussed on galaxy and cluster scales, and dark matter candidates are presented, some requiring a five-dimensional universe and several representing various types of exotica. In the context of cosmic structures the cold dark matter paradigm is described. Dark energy models include the cosmological constant, quintessence and other single field models, f(R) models and models requiring extra dimensions.
New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities As Field Effects New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities As Field Effects Новинка

New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities As Field Effects

2292 руб.
This book contributes substantively to the current state of art of macroeconomic modeling by providing a method for modeling large collections of possibly heterogeneous agents subject to nonpairwise externality called field effects, that is, feedback of aggregate effects on individual agents or agents using state-dependent strategies. By adopting a level of microeconomic description that keeps track of compositions of fractions of agents by types or strategies, time evolution of the microeconomic states is described by (backward) Chapman-Kolmogorov equations. Macroeconomic dynamics naturally arise from these equations by expansion of the solutions in some power series of the number of participants. Specification of the microeconomic transition rates thus leads to macroeconomic dynamic models. This approach provides a consistent way for dealing with multiple equilibria of macroeconomic dynamics by ergodic decomposition and associated calculations of mean first passage times, and stationary probabilities of equilibria provide further useful information on macroeconomic behavior. This book ends with a set of elaborations, sketches of further topics of research, and a collection of supporting materials in the Appendix.
Mounir Mesbah Rasch Models in Health Mounir Mesbah Rasch Models in Health Новинка

Mounir Mesbah Rasch Models in Health

12882.01 руб.
The family of statistical models known as Rasch models started with a simple model for responses to questions in educational tests presented together with a number of related models that the Danish mathematician Georg Rasch referred to as models for measurement. Since the beginning of the 1950s the use of Rasch models has grown and has spread from education to the measurement of health status. This book contains a comprehensive overview of the statistical theory of Rasch models. Part 1 contains the probabilistic definition of Rasch models, Part 2 describes the estimation of item and person parameters, Part 3 concerns the assessment of the data-model fit of Rasch models, Part 4 contains applications of Rasch models, Part 5 discusses how to develop health-related instruments for Rasch models, and Part 6 describes how to perform Rasch analysis and document results.
Jacques Janssen Asset and Liability Management for Banks and Insurance Companies Jacques Janssen Asset and Liability Management for Banks and Insurance Companies Новинка

Jacques Janssen Asset and Liability Management for Banks and Insurance Companies

8159.4 руб.
This book introduces ALM in the context of banks and insurance companies. Although this strategy has a core of fundamental frameworks, models may vary between banks and insurance companies because of the different risks and goals involved. The authors compare and contrast these methodologies to draw parallels between the commonalities and divergences of these two services and thereby provide a deeper understanding of ALM in general.
Peter Burgess Analogue and Numerical Modelling of Sedimentary Systems. From Understanding to Prediction (Special Publication 40 of the IAS) Peter Burgess Analogue and Numerical Modelling of Sedimentary Systems. From Understanding to Prediction (Special Publication 40 of the IAS) Новинка

Peter Burgess Analogue and Numerical Modelling of Sedimentary Systems. From Understanding to Prediction (Special Publication 40 of the IAS)

13736.76 руб.
Understanding basin-fill evolution and the origin of stratal architectures has traditionally been based on studies of outcrops, well and seismic data, studies of and inferences on qualitative geological processes, and to a lesser extent based on quantitative observations of modern and ancient sedimentary environments. Insight gained on the basis of these studies can increasingly be tested and extended through the application of numerical and analogue forward models. Present-day stratigraphic forward modelling follows two principle lines: 1) the deterministic process-based approach, ideally with resolution of the fundamental equations of fluid and sediment motion at all scales, and 2) the stochastic approach. The process-based approach leads to improved understanding of the dynamics (physics) of the system, increasing our predictive power of how systems evolve under various forcing conditions unless the system is highly non-linear and hence difficult or perhaps even impossible to predict. The stochastic approach is more direct, relatively simple, and useful for study of more complicated or less-well understood systems. Process-based models, more than stochastic ones, are directly limited by the diversity of temporal and spatial scales and the very incomplete knowledge of how processes operate and interact on the various scales. The papers included in this book demonstrate how cross-fertilization between traditional field studies and analogue and numerical forward modelling expands our understanding of Earth-surface systems.
Carla-Fabiana Chiasserini Analytical Modeling of Wireless Communication Systems Carla-Fabiana Chiasserini Analytical Modeling of Wireless Communication Systems Новинка

Carla-Fabiana Chiasserini Analytical Modeling of Wireless Communication Systems

8977.86 руб.
Wireless networks represent an inexpensive and convenient way to connect to the Internet. However, despite their applications across several technologies, one challenge still remains: to understand the behavior of wireless sensor networks and assess their performance in large-scale scenarios. When a large number of network nodes need to interact, developing suitable analytical models is essential to ensure the appropriate coverage and throughput of these networks and to enhance user mobility. This is intrinsically difficult due to the size and number of different network nodes and users. This book highlights some examples which show how this problem can be overcome with the use of different techniques. An intensive parameter analysis shows the reader how to the exploit analytical models for an effective development and management of different types of wireless networks.
Mary Hardy Investment Guarantees. Modeling and Risk Management for Equity-Linked Life Insurance Mary Hardy Investment Guarantees. Modeling and Risk Management for Equity-Linked Life Insurance Новинка

Mary Hardy Investment Guarantees. Modeling and Risk Management for Equity-Linked Life Insurance

12168.14 руб.
A comprehensive guide to investment guarantees in equity-linked life insurance Due to the convergence of financial and insurance markets, new forms of investment guarantees are emerging which require financial service professionals to become savvier in modeling and risk management. With chapters that discuss stock return models, dynamic hedging, risk measures, Markov Chain Monte Carlo estimation, and much more, this one-stop reference contains the valuable insights and proven techniques that will allow readers to better understand the theory and practice of investment guarantees and equity-linked insurance policies. Mary Hardy, PhD (Waterloo, Ontario, Canada), is an Associate Professor and Associate Chair of Actuarial Science at the University of Waterloo and is a Fellow of the Institute of Actuaries and an Associate of the Society of Actuaries, where she is a frequent speaker. Her research covers topics in life insurance solvency and risk management, with particular emphasis on equity-linked insurance. Hardy is an Associate Editor of the North American Actuarial Journal and the ASTIN Bulletin and is a Deputy Editor of the British Actuarial Journal.
S. Promislow David Fundamentals of Actuarial Mathematics S. Promislow David Fundamentals of Actuarial Mathematics Новинка

S. Promislow David Fundamentals of Actuarial Mathematics

6671.01 руб.
This book provides a comprehensive introduction to actuarial mathematics, covering both deterministic and stochastic models of life contingencies, as well as more advanced topics such as risk theory, credibility theory and multi-state models. This new edition includes additional material on credibility theory, continuous time multi-state models, more complex types of contingent insurances, flexible contracts such as universal life, the risk measures VaR and TVaR. Key Features: Covers much of the syllabus material on the modeling examinations of the Society of Actuaries, Canadian Institute of Actuaries and the Casualty Actuarial Society. (SOA-CIA exams MLC and C, CSA exams 3L and 4.) Extensively revised and updated with new material. Orders the topics specifically to facilitate learning. Provides a streamlined approach to actuarial notation. Employs modern computational methods. Contains a variety of exercises, both computational and theoretical, together with answers, enabling use for self-study. An ideal text for students planning for a professional career as actuaries, providing a solid preparation for the modeling examinations of the major North American actuarial associations. Furthermore, this book is highly suitable reference for those wanting a sound introduction to the subject, and for those working in insurance, annuities and pensions.
Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs Новинка

Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs

10539.96 руб.
Stochastic Simulation and Applications in Finance with MATLAB Programs explains the fundamentals of Monte Carlo simulation techniques, their use in the numerical resolution of stochastic differential equations and their current applications in finance. Building on an integrated approach, it provides a pedagogical treatment of the need-to-know materials in risk management and financial engineering. The book takes readers through the basic concepts, covering the most recent research and problems in the area, including: the quadratic re-sampling technique, the Least Squared Method, the dynamic programming and Stratified State Aggregation technique to price American options, the extreme value simulation technique to price exotic options and the retrieval of volatility method to estimate Greeks. The authors also present modern term structure of interest rate models and pricing swaptions with the BGM market model, and give a full explanation of corporate securities valuation and credit risk based on the structural approach of Merton. Case studies on financial guarantees illustrate how to implement the simulation techniques in pricing and hedging. NOTE TO READER: The CD has been converted to URL. Go to the following website www.wiley.com/go/huyhnstochastic which provides MATLAB programs for the practical examples and case studies, which will give the reader confidence in using and adapting specific ways to solve problems involving stochastic processes in finance.
Mario Cerrato The Mathematics of Derivatives Securities with Applications in MATLAB Mario Cerrato The Mathematics of Derivatives Securities with Applications in MATLAB Новинка

Mario Cerrato The Mathematics of Derivatives Securities with Applications in MATLAB

5886.19 руб.
Quantitative Finance is expanding rapidly. One of the aspects of the recent financial crisis is that, given the complexity of financial products, the demand for people with high numeracy skills is likely to grow and this means more recognition will be given to Quantitative Finance in existing and new course structures worldwide. Evidence has suggested that many holders of complex financial securities before the financial crisis did not have in-house experts or rely on a third-party in order to assess the risk exposure of their investments. Therefore, this experience shows the need for better understanding of risk associate with complex financial securities in the future. The Mathematics of Derivative Securities with Applications in MATLAB provides readers with an introduction to probability theory, stochastic calculus and stochastic processes, followed by discussion on the application of that knowledge to solve complex financial problems such as pricing and hedging exotic options, pricing American derivatives, pricing and hedging under stochastic volatility and an introduction to interest rates modelling. The book begins with an overview of MATLAB and the various components that will be used alongside it throughout the textbook. Following this, the first part of the book is an in depth introduction to Probability theory, Stochastic Processes and Ito Calculus and Ito Integral. This is essential to fully understand some of the mathematical concepts used in the following part of the book. The second part focuses on financial engineering and guides the reader through the fundamental theorem of asset pricing using the Black and Scholes Economy and Formula, Options Pricing through European and American style options, summaries of Exotic Options, Stochastic Volatility Models and Interest rate Modelling. Topics covered in this part are explained using MATLAB codes showing how the theoretical models are used practically. Authored from an academic’s perspective, the book discusses complex analytical issues and intricate financial instruments in a way that it is accessible to postgraduate students with or without a previous background in probability theory and finance. It is written to be the ideal primary reference book or a perfect companion to other related works. The book uses clear and detailed mathematical explanation accompanied by examples involving real case scenarios throughout and provides MATLAB codes for a variety of topics.
Robert Dobrow P. Introduction to Stochastic Processes with R Robert Dobrow P. Introduction to Stochastic Processes with R Новинка

Robert Dobrow P. Introduction to Stochastic Processes with R

9758.54 руб.
An introduction to stochastic processes through the use of R Introduction to Stochastic Processes with R is an accessible and well-balanced presentation of the theory of stochastic processes, with an emphasis on real-world applications of probability theory in the natural and social sciences. The use of simulation, by means of the popular statistical software R, makes theoretical results come alive with practical, hands-on demonstrations. Written by a highly-qualified expert in the field, the author presents numerous examples from a wide array of disciplines, which are used to illustrate concepts and highlight computational and theoretical results. Developing readers’ problem-solving skills and mathematical maturity, Introduction to Stochastic Processes with R features: More than 200 examples and 600 end-of-chapter exercises A tutorial for getting started with R, and appendices that contain review material in probability and matrix algebra Discussions of many timely and stimulating topics including Markov chain Monte Carlo, random walk on graphs, card shuffling, Black–Scholes options pricing, applications in biology and genetics, cryptography, martingales, and stochastic calculus Introductions to mathematics as needed in order to suit readers at many mathematical levels A companion web site that includes relevant data files as well as all R code and scripts used throughout the book Introduction to Stochastic Processes with R is an ideal textbook for an introductory course in stochastic processes. The book is aimed at undergraduate and beginning graduate-level students in the science, technology, engineering, and mathematics disciplines. The book is also an excellent reference for applied mathematicians and statisticians who are interested in a review of the topic.
Jack Hungelmann Insurance for Dummies Jack Hungelmann Insurance for Dummies Новинка

Jack Hungelmann Insurance for Dummies

1725.96 руб.
Now updated – your guide to getting the best insurance policy Are you intimidated by insurance? Have no fear – this easy-to-understand guide explains everything you need to know, from getting the most coverage at the best price to dealing with adjusters, filing claims, and more. Whether you're looking for personal or business insurance, you'll see how to avoid common pitfalls, lower your costs, and get what you deserve at claim time. Get to know the basics – understand how to make good insurance decisions and reduce the chances of a financial loss in your life Take your insurance on the road – manage your personal automobile risks, handle special situations, insure recreational vehicles, and deal with insurance adjusters Understand homeowner's and renter's insurance – know what is and isn't covered by typical policies, common exclusions and pitfalls, and how to cover yourself against personal lawsuits Buy the right umbrella policy – discover the advantages, and coordinate your policies to cover the gaps Manage life, health, and disability risks – explore individual and group policies, understand Medicare basics, and evaluate long-term disability and long-term-care insurance Open the book and find: The best life, health, home, and auto policies Strategies for handling the claims process to get what you deserve Tips on adjusting your deductible to suit your lifestyle How to navigate healthcare policies Ways to reduce your risk and your premiums Common traps and loopholes Considerations for grads, freelancers, and remote workers
Nathan Blaunstein Radio Propagation and Adaptive Antennas for Wireless Communication Networks Nathan Blaunstein Radio Propagation and Adaptive Antennas for Wireless Communication Networks Новинка

Nathan Blaunstein Radio Propagation and Adaptive Antennas for Wireless Communication Networks

14130.81 руб.
Radio Propagation and Adaptive Antennas for Wireless Communication Networks, 2nd Edition, presents a comprehensive overview of wireless communication system design, including the latest updates to considerations of over-the-terrain, atmospheric, and ionospheric communication channels. New features include the latest experimentally-verified stochastic approach, based on several multi-parametric models; all-new chapters on wireless network fundamentals, advanced technologies, and current and modern multiple access networks; and helpful problem sets at the conclusion of each chapter to enhance clarity. The volume’s emphasis remains on a thorough examination of the role of obstructions on the corresponding propagation phenomena that influence the transmission of radio signals through line-of-sight (LOS) and non-line-of-sight (NLOS) propagation conditions along the radio path between the transmitter and the receiver antennas—and how adaptive antennas, used at the link terminals, can be used to minimize the deleterious effects of such obstructions. With its focus on 3G, 4G, MIMO, and the latest wireless technologies, Radio Propagation and Adaptive Antennas for Wireless Communication Networks represents an invaluable resource to topics critical to the design of contemporary wireless communication systems. Explores novel wireless networks beyond 3G, and advanced 4G technologies, such as MIMO, via propagation phenomena and the fundamentals of adapted antenna usage. Explains how adaptive antennas can improve GoS and QoS for any wireless channel, with specific examples and applications in land, aircraft and satellite communications. Introduces new stochastic approach based on several multi-parametric models describing various terrestrial scenarios, which have been experimentally verified in different environmental conditions New chapters on fundamentals of wireless networks, cellular and non-cellular, multiple access networks, new applications of adaptive antennas for positioning, and localization of subscribers Includes the addition of problem sets at the end of chapters describing fundamental aspects of wireless communication and antennas.
Colm Whelan T. A First Course in Mathematical Physics Colm Whelan T. A First Course in Mathematical Physics Новинка

Colm Whelan T. A First Course in Mathematical Physics

4293.76 руб.
The book assumes next to no prior knowledge of the topic. The first part introduces the core mathematics, always in conjunction with the physical context. In the second part of the book, a series of examples showcases some of the more conceptually advanced areas of physics, the presentation of which draws on the developments in the first part. A large number of problems helps students to hone their skills in using the presented mathematical methods. Solutions to the problems are available to instructors on an associated password-protected website for lecturers.
Raul Poler Intelligent Non-hierarchical Manufacturing Networks Raul Poler Intelligent Non-hierarchical Manufacturing Networks Новинка

Raul Poler Intelligent Non-hierarchical Manufacturing Networks

16472.86 руб.
This book provides the latest models, methods and guidelines for networked enterprises to enhance their competitiveness and move towards innovative high performance and agile industrial systems. In the new global market, competitiveness and economic growth rely greatly on the move toward innovative high performance industrial systems and agile networked enterprises through the creation and consolidation of non-hierarchical manufacturing networks of multi-national SMEs as opposed to networks based on powerful large-scale companies. Network performance can be significantly improved through more harmonious and equitable peer-to-peer inter-enterprise relationships, conforming decentralized and collaborative decision-making models. Traditional hierarchical manufacturing networks are based on centralized models, where some of the actors involved must adapt themselves to the constraints defined by those who are most dominant. Real-world experiences of such models have revealed some major problems due to the centralized vision of the supply chain and the sub-optimal performance of centralized decision-making. For the current highly dynamic markets, this generates major inefficiencies in operation throughout the supply chain. This book collects the latest research regarding non-hierarchical manufacturing networks and provides enterprises with valuable models, methods and guidelines to improve their competitiveness.
Jo Rycroft-Malone Models and Frameworks for Implementing Evidence-Based Practice. Linking Evidence to Action Jo Rycroft-Malone Models and Frameworks for Implementing Evidence-Based Practice. Linking Evidence to Action Новинка

Jo Rycroft-Malone Models and Frameworks for Implementing Evidence-Based Practice. Linking Evidence to Action

4761.13 руб.
The Evidence-Based Nursing Series is co-published with Sigma Theta Tau International (STTI). The series focuses on implementing evidence-based practice in nursing and mirrors the remit of Worldviews on Evidence-Based Nursing, encompassing clinical practice, administration, research and public policy. Models and Frameworks for Implementing Evidence- Based Practice: Linking Evidence to Action looks at ways of implementing evidence gained through research and factors that influence successful implementation. It acknowledges the gap that exists between obtaining evidence and the practicalities of putting it into practice and provides direction to help to close this gap. This, the first book in the series, helps the reader to make decisions about the appropriateness of using various models and frameworks. A selection of models and frameworks are examined in detail including examples of their use in practice. The book concludes with an analysis and synthesis of the included models and frameworks. The models and frameworks that have been included are based on a number of criteria: that they are internationally recognised, have undergone widespread evaluation and testing, are transferable across different settings, and can be used by different disciplines. Models and frameworks include: Stetler Model Ottowa Model of Research Use IOWA model of evidence-based practice Advancing Research and Clinical Practice through Close Collaboration (ARCC) model Dobbins’ dissemination and use of research evidence for policy and practice framework Joanna Briggs Institute model Knowledge to Action framework Promoting Action on Research Implementation in Health Services (PARIHS) Key Points: Includes an overview of implementation issues and the use of theory and frameworks in implementing evidence into practice Chapters are written by the developers of the model or framework Each chapter provides background on an implementation model or framework, suitable applications, underlying theory and examples of use Each chapter examines strengths and weaknesses of each model alongside barriers and facilitators for its implementation
Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance Новинка

Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance

11710.25 руб.
Reflecting the fast pace and ever-evolving nature of the financial industry, the Handbook of High-Frequency Trading and Modeling in Finance details how high-frequency analysis presents new systematic approaches to implementing quantitative activities with high-frequency financial data. Introducing new and established mathematical foundations necessary to analyze realistic market models and scenarios, the handbook begins with a presentation of the dynamics and complexity of futures and derivatives markets as well as a portfolio optimization problem using quantum computers. Subsequently, the handbook addresses estimating complex model parameters using high-frequency data. Finally, the handbook focuses on the links between models used in financial markets and models used in other research areas such as geophysics, fossil records, and earthquake studies. The Handbook of High-Frequency Trading and Modeling in Finance also features: • Contributions by well-known experts within the academic, industrial, and regulatory fields • A well-structured outline on the various data analysis methodologies used to identify new trading opportunities • Newly emerging quantitative tools that address growing concerns relating to high-frequency data such as stochastic volatility and volatility tracking; stochastic jump processes for limit-order books and broader market indicators; and options markets • Practical applications using real-world data to help readers better understand the presented material The Handbook of High-Frequency Trading and Modeling in Finance is an excellent reference for professionals in the fields of business, applied statistics, econometrics, and financial engineering. The handbook is also a good supplement for graduate and MBA-level courses on quantitative finance, volatility, and financial econometrics. Ionut Florescu, PhD, is Research Associate Professor in Financial Engineering and Director of the Hanlon Financial Systems Laboratory at Stevens Institute of Technology. His research interests include stochastic volatility, stochastic partial differential equations, Monte Carlo Methods, and numerical methods for stochastic processes. Dr. Florescu is the author of Probability and Stochastic Processes, the coauthor of Handbook of Probability, and the coeditor of Handbook of Modeling High-Frequency Data in Finance, all published by Wiley. Maria C. Mariani, PhD, is Shigeko K. Chan Distinguished Professor in Mathematical Sciences and Chair of the Department of Mathematical Sciences at The University of Texas at El Paso. Her research interests include mathematical finance, applied mathematics, geophysics, nonlinear and stochastic partial differential equations and numerical methods. Dr. Mariani is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley. H. Eugene Stanley, PhD, is William Fairfield Warren Distinguished Professor at Boston University. Stanley is one of the key founders of the new interdisciplinary field of econophysics, and has an ISI Hirsch index H=128 based on more than 1200 papers. In 2004 he was elected to the National Academy of Sciences. Frederi G. Viens, PhD, is Professor of Statistics and Mathematics and Director of the Computational Finance Program at Purdue University. He holds more than two dozen local, regional, and national awards and he travels extensively on a world-wide basis to deliver lectures on his research interests, which range from quantitative finance to climate science and agricultural economics. A Fellow of the Institute of Mathematics Statistics, Dr. Viens is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley.
Andy Hewitt Construction Claims and Responses. Effective Writing and Presentation Andy Hewitt Construction Claims and Responses. Effective Writing and Presentation Новинка

Andy Hewitt Construction Claims and Responses. Effective Writing and Presentation

5332.94 руб.
A practical, step-by-step guide for contracts managers, commercial managers, project managers, quantity surveyors, engineers and architects on the preparation of and responses to construction claims. Everyone involved in the preparation or review of construction claims should have this book to hand. The book examines the different types of claim common to construction contracts and presents a step-by-step guide to demonstrate the process of building up the submission of a claim and covers: Various types of claim. How the claim may be split into sections dealing with the details of the contract, the cause, the effect, entitlement and quantum. What this section is attempting to demonstrate or achieve and why. What should be included within the section and why. Worked examples of typical claims and responses with sample wording.
Saleh Joseph Homer Spacecraft Reliability and Multi-State Failures. A Statistical Approach Saleh Joseph Homer Spacecraft Reliability and Multi-State Failures. A Statistical Approach Новинка

Saleh Joseph Homer Spacecraft Reliability and Multi-State Failures. A Statistical Approach

12556.73 руб.
The aerospace community has long recognized and repeatedly emphasizes the importance of reliability for space systems. Despite this, little has been published in book form on the topic. Spacecraft Reliability and Multi-state Failures addresses this gap in the literature, offering a unique focus on spacecraft reliability based on extensive statistical analysis of system and subsystem anomalies and failures. The authors provide new results pertaining to spacecraft reliability based on extensive statistical analysis of on-orbit anomaly and failure data that will be particularly useful to spacecraft manufacturers and designers, for example in guiding satellite (and subsystem) test and screening programs and providing an empirical basis for subsystem redundancy and reliability growth plans. The authors develop nonparametric results and parametric models of spacecraft and spacecraft subsystem reliability and multi-state failures, quantify the relative contribution of each subsystem to the failure of the satellites thus identifying the subsystems that drive spacecraft unreliability, and propose advanced stochastic modeling and analysis tools for the reliability and survivability of spacecraft and space-based networks. Spacecraft Reliability and Multi-state Failures provides new nonparametric results pertaining to spacecraft reliability based on extensive statistical analysis of on-orbit anomaly and failure data; develops parametric models of spacecraft and spacecraft subsystem reliability and multi-state failures quantifies the relative contribution of each subsystem to the failure of the satellites proposes advanced stochastic modeling and analysis tools for the reliability and survivability of spacecraft and space-based networks. provides a dedicated treatment of the reliability and subsystem anomalies of communication spacecraft in geostationary orbit.
Primak Serguei Wireless Multi-Antenna Channels. Modeling and Simulation Primak Serguei Wireless Multi-Antenna Channels. Modeling and Simulation Новинка

Primak Serguei Wireless Multi-Antenna Channels. Modeling and Simulation

11383.1 руб.
This book offers a practical guide on how to use and apply channel models for system evaluation In this book, the authors focus on modeling and simulation of multiple antennas channels, including multiple input multiple output (MIMO) communication channels, and the impact of such models on channel estimation and system performance. Both narrowband and wideband models are addressed. Furthermore, the book covers topics related to modeling of MIMO channel, their numerical simulation, estimation and prediction, as well as applications to receive diversity, capacity and space-time coding techniques. Key Features: Contains significant background material, as well as novel research coverage, which make the book suitable for both graduate students and researchers Addresses issues such as key-hole, correlated and non i.i.d. channels in the frame of the Generalized Gaussian approach Provides a unique treatment of generalized Gaussian channels and orthogonal channel representation Reviews different interpretations of scattering environment, including geometrical models Focuses on the analytical techniques which give a good insight into the design of systems on higher levels Describes a number of numerical simulators demonstrating the practical use of this material. Includes an accompanying website containing additional materials and practical examples for self-study This book will be of interest to researchers, engineers, lecturers, and graduate students.

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Reflecting the fast pace and ever-evolving nature of the financial industry, the Handbook of High-Frequency Trading and Modeling in Finance details how high-frequency analysis presents new systematic approaches to implementing quantitative activities with high-frequency financial data. Introducing new and established mathematical foundations necessary to analyze realistic market models and scenarios, the handbook begins with a presentation of the dynamics and complexity of futures and derivatives markets as well as a portfolio optimization problem using quantum computers. Subsequently, the handbook addresses estimating complex model parameters using high-frequency data. Finally, the handbook focuses on the links between models used in financial markets and models used in other research areas such as geophysics, fossil records, and earthquake studies. The Handbook of High-Frequency Trading and Modeling in Finance also features: • Contributions by well-known experts within the academic, industrial, and regulatory fields • A well-structured outline on the various data analysis methodologies used to identify new trading opportunities • Newly emerging quantitative tools that address growing concerns relating to high-frequency data such as stochastic volatility and volatility tracking; stochastic jump processes for limit-order books and broader market indicators; and options markets • Practical applications using real-world data to help readers better understand the presented material The Handbook of High-Frequency Trading and Modeling in Finance is an excellent reference for professionals in the fields of business, applied statistics, econometrics, and financial engineering. The handbook is also a good supplement for graduate and MBA-level courses on quantitative finance, volatility, and financial econometrics. Ionut Florescu, PhD, is Research Associate Professor in Financial Engineering and Director of the Hanlon Financial Systems Laboratory at Stevens Institute of Technology. His research interests include stochastic volatility, stochastic partial differential equations, Monte Carlo Methods, and numerical methods for stochastic processes. Dr. Florescu is the author of Probability and Stochastic Processes, the coauthor of Handbook of Probability, and the coeditor of Handbook of Modeling High-Frequency Data in Finance, all published by Wiley. Maria C. Mariani, PhD, is Shigeko K. Chan Distinguished Professor in Mathematical Sciences and Chair of the Department of Mathematical Sciences at The University of Texas at El Paso. Her research interests include mathematical finance, applied mathematics, geophysics, nonlinear and stochastic partial differential equations and numerical methods. Dr. Mariani is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley. H. Eugene Stanley, PhD, is William Fairfield Warren Distinguished Professor at Boston University. Stanley is one of the key founders of the new interdisciplinary field of econophysics, and has an ISI Hirsch index H=128 based on more than 1200 papers. In 2004 he was elected to the National Academy of Sciences. Frederi G. Viens, PhD, is Professor of Statistics and Mathematics and Director of the Computational Finance Program at Purdue University. He holds more than two dozen local, regional, and national awards and he travels extensively on a world-wide basis to deliver lectures on his research interests, which range from quantitative finance to climate science and agricultural economics. A Fellow of the Institute of Mathematics Statistics, Dr. Viens is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley.
Продажа some stochastic insurance models on number of claims лучших цены всего мира
Посредством этого сайта магазина - каталога товаров мы очень легко осуществляем продажу some stochastic insurance models on number of claims у одного из интернет-магазинов проверенных фирм. Определитесь с вашими предпочтениями один интернет-магазин, с лучшей ценой продукта. Прочитав рекомендации по продаже some stochastic insurance models on number of claims легко охарактеризовать производителя как превосходную и доступную фирму.