Ruin Probabilities
$130.00
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The book is a comprehensive treatment of classical and modern ruin probability theory.
Some of the topics are Lundberg’s inequality, the Cram�r-Lundberg approximation, exact solutions, other approximations (eg. for heavy-tailed claim size distributions), finite horizon ruin probabilities, extensions of the classical compound Poisson model to allow for reserve-dependent premiums, Markov-modulation or periodicity. Special features of the book are the emphasis on change of measure techniques, phase-type distributions as a computational vehicle and the connection to other applied probability areas like queueing theory.Ruin Probabilities is written by Asmussen Soren and published by World Scientific. ISBNs for Ruin Probabilities are 9789812779311, 9812779310 and the print ISBNs are 9789810222932, 9810222939.
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