Ruin probabilities /

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Bibliografiske detaljer
Hovedforfatter: Asmussen, Søren
Format: Bog
Sprog:English
Udgivet: River Edge, NJ : World Scientific, c2000.
Serier:Advanced series on statistical science & applied probability ; vol. 2.
Fag:
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100 1 |a Asmussen, Søren. 
245 1 0 |a Ruin probabilities /  |c Søren Asmussen. 
260 |a River Edge, NJ :  |b World Scientific,  |c c2000. 
300 |a ix, 385 p., ;  |c 23 cm. 
490 1 |a Advanced series on statistical science and applied probability ;  |v vol. 2 
504 |a Includes bibliographical references and index. 
505 0 |a I. Introduction -- II. Some general tools and results -- Martingales -- Likelihood ratios and change of measure -- Duality with other applied probability models -- Random walks in discrete or continuous time -- Markov additive processes -- The ladder height distribution -- III. The compound Poisson model -- The Pollaczeck-Khinchine formula -- Special cases of the Pollaczeck-Khinchine formula -- Change of measure via exponential families -- Lundberg conjugation -- Further topics related to the adjustment coefficient -- Various approximations for the ruin probability -- Comparing the risks of different claim size distributions -- Sensitivity estimates -- Estimation of the adjustment coefficient -- IV. The probability of ruin within finite time -- Exponential claims -- The ruin probability with no initial reserve -- Laplace transforms -- When does ruin occur? -- Diffusion approximations -- Corrected diffusion approximations -- How does ruin occur? -- V. Renewal arrivals -- Exponential claims. The compound Poisson model with negative claims -- Change of measure via exponential families -- The duality with queueing theory -- VI. Risk theory in a Markovian environment -- Model and examples -- The ladder height distribution -- Change of measure via exponential families -- Comparisons with the compound Poisson model -- The Markovian arrival process -- Risk theory in a periodic environment -- Dual queueing models -- VII. Premiums depending on the current reserve -- The model with interest -- The local adjustment coefficient. Logarithmic asymptotics -- VIII. Matrix-analytic methods -- Definition and basic properties of phase-type distributions -- Renewal theory -- The compound Poisson model -- The renewal model -- Markov-modulated input -- Matrix-exponential distributions -- Reserve-dependent premiums -- IX. Ruin probabilities in the presence of heavy tails -- Subexponential distributions -- The compound Poisson model -- The renewal model -- Models with dependent input -- Finite-horizon ruin probabilities -- Reserve-dependent premiums -- X. Simulation methodology -- Generalities -- Simulation via the Pollaczeck-Khinchine formula -- Importance sampling via Lundberg conjugation -- Importance sampling for the finite horizon case -- Regenerative simulation -- Sensitivity analysis -- XI. Miscellaneous topics -- The ruin problem for Bernoulli random walk and Brownian motion. The two-barrier ruin problem -- Further applications of martingales -- Large deviations -- The distribution of the aggregate claims -- Principles for premium calculation -- Reinsurance -- App. A1. Renewal theory -- App. A2. Wiener-Hopf factorization -- App. A3. Matrix-exponentials -- App. A4. Some linear algebra -- App. A5. Complements on phase-type distributions. 
650 0 |a Insurance  |x Mathematics. 
650 0 |a Risk. 
830 0 |a Advanced series on statistical science & applied probability ;  |v vol. 2. 
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