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Description for Risk Theory
Paperback. Series: Monographs on Statistics & Applied Probability. Num Pages: 425 pages, biography. BIC Classification: PBWL. Category: (P) Professional & Vocational. Dimension: 216 x 140 x 22. Weight in Grams: 542.
The theory of risk already has its traditions. A review of its classical results is contained in Bohlmann (1909). This classical theory was associated with life insurance mathematics, and dealt mainly with deviations which were expected to be produced by random fluctua tions in individual policies. According to this theory, these deviations are discounted to some initial instant; the square root of the sum of the squares of the capital values calculated in this way then gives a measure for the stability of the portfolio. A theory constituted in this manner is not, however, very appropriate for practical purposes. The ... Read more
The theory of risk already has its traditions. A review of its classical results is contained in Bohlmann (1909). This classical theory was associated with life insurance mathematics, and dealt mainly with deviations which were expected to be produced by random fluctua tions in individual policies. According to this theory, these deviations are discounted to some initial instant; the square root of the sum of the squares of the capital values calculated in this way then gives a measure for the stability of the portfolio. A theory constituted in this manner is not, however, very appropriate for practical purposes. The ... Read more
Product Details
Format
Paperback
Publication date
2013
Publisher
Springer Netherlands
Number of pages
425
Condition
New
Series
Monographs on Statistics & Applied Probability
Number of Pages
408
Place of Publication
Dordrecht, Netherlands
ISBN
9789401176828
SKU
V9789401176828
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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