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Modelling Mortality with Actuarial Applications (Hardcover) Loot Price: R1,833
Discovery Miles 18 330
Modelling Mortality with Actuarial Applications (Hardcover): Angus S. Macdonald, Stephen J. Richards, Iain D. Currie

Modelling Mortality with Actuarial Applications (Hardcover)

Angus S. Macdonald, Stephen J. Richards, Iain D. Currie

Series: International Series on Actuarial Science

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Loot Price R1,833 Discovery Miles 18 330 | Repayment Terms: R172 pm x 12*

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Actuaries have access to a wealth of individual data in pension and insurance portfolios, but rarely use its full potential. This book will pave the way, from methods using aggregate counts to modern developments in survival analysis. Based on the fundamental concept of the hazard rate, Part I shows how and why to build statistical models, based on data at the level of the individual persons in a pension scheme or life insurance portfolio. Extensive use is made of the R statistics package. Smooth models, including regression and spline models in one and two dimensions, are covered in depth in Part II. Finally, Part III uses multiple-state models to extend survival models beyond the simple life/death setting, and includes a brief introduction to the modern counting process approach. Practising actuaries will find this book indispensable, and students will find it helpful when preparing for their professional examinations.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Series: International Series on Actuarial Science
Release date: April 2018
Authors: Angus S. Macdonald • Stephen J. Richards • Iain D. Currie
Dimensions: 228 x 152 x 20mm (L x W x T)
Format: Hardcover
Pages: 384
ISBN-13: 978-1-107-04541-5
Categories: Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
Books > Business & Economics > Economics > Econometrics > Economic statistics
Books > Science & Mathematics > Mathematics > Optimization > General
Books > Business & Economics > Finance & accounting > Finance > Insurance > General
Books > Money & Finance > Insurance > General
LSN: 1-107-04541-X
Barcode: 9781107045415

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