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Bayesian Statistics in Actuarial Science
Stuart A. Klugman
€ 193.78
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Description for Bayesian Statistics in Actuarial Science
Paperback. Series: Huebner International Series on Risk, Insurance and Economic Security. Num Pages: 238 pages, biography. BIC Classification: KFFK; KJQ; PBT. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 13. Weight in Grams: 397.
The debate between the proponents of "classical" and "Bayesian" statistica} methods continues unabated. It is not the purpose of the text to resolve those issues but rather to demonstrate that within the realm of actuarial science there are a number of problems that are particularly suited for Bayesian analysis. This has been apparent to actuaries for a long time, but the lack of adequate computing power and appropriate algorithms had led to the use of various approximations. The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval ... Read more
The debate between the proponents of "classical" and "Bayesian" statistica} methods continues unabated. It is not the purpose of the text to resolve those issues but rather to demonstrate that within the realm of actuarial science there are a number of problems that are particularly suited for Bayesian analysis. This has been apparent to actuaries for a long time, but the lack of adequate computing power and appropriate algorithms had led to the use of various approximations. The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer Netherlands
Number of pages
238
Condition
New
Series
Huebner International Series on Risk, Insurance and Economic Security
Number of Pages
238
Place of Publication
Dordrecht, Netherlands
ISBN
9789048157907
SKU
V9789048157907
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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