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Books > Business & Economics > Finance & accounting > Finance > Insurance
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Computational Actuarial Science with R (Hardcover)
Loot Price: R4,135
Discovery Miles 41 350
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Computational Actuarial Science with R (Hardcover)
Series: Chapman & Hall/CRC The R Series
Expected to ship within 12 - 17 working days
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A Hands-On Approach to Understanding and Using Actuarial Models
Computational Actuarial Science with R provides an introduction to
the computational aspects of actuarial science. Using simple R
code, the book helps you understand the algorithms involved in
actuarial computations. It also covers more advanced topics, such
as parallel computing and C/C++ embedded codes. After an
introduction to the R language, the book is divided into four
parts. The first one addresses methodology and statistical modeling
issues. The second part discusses the computational facets of life
insurance, including life contingencies calculations and
prospective life tables. Focusing on finance from an actuarial
perspective, the next part presents techniques for modeling stock
prices, nonlinear time series, yield curves, interest rates, and
portfolio optimization. The last part explains how to use R to deal
with computational issues of nonlife insurance. Taking a
do-it-yourself approach to understanding algorithms, this book
demystifies the computational aspects of actuarial science. It
shows that even complex computations can usually be done without
too much trouble. Datasets used in the text are available in an R
package (CASdatasets).
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