0
Your cart

Your cart is empty

Books > Science & Mathematics > Mathematics > Mathematical foundations

Buy Now

Semi-Markov Models and Applications (Paperback, Softcover reprint of the original 1st ed. 1999) Loot Price: R5,623
Discovery Miles 56 230
Semi-Markov Models and Applications (Paperback, Softcover reprint of the original 1st ed. 1999): Jacques Janssen, Nikolaos...

Semi-Markov Models and Applications (Paperback, Softcover reprint of the original 1st ed. 1999)

Jacques Janssen, Nikolaos Limnios

 (sign in to rate)
Loot Price R5,623 Discovery Miles 56 230 | Repayment Terms: R527 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

This book presents a selection of papers presented to the Second Inter national Symposium on Semi-Markov Models: Theory and Applications held in Compiegne (France) in December 1998. This international meeting had the same aim as the first one held in Brussels in 1984: to make, fourteen years later, the state of the art in the field of semi-Markov processes and their applications, bring together researchers in this field and also to stimulate fruitful discussions. The set of the subjects of the papers presented in Compiegne has a lot of similarities with the preceding Symposium; this shows that the main fields of semi-Markov processes are now well established particularly for basic applications in Reliability and Maintenance, Biomedicine, Queue ing, Control processes and production. A growing field is the one of insurance and finance but this is not really a surprising fact as the problem of pricing derivative products represents now a crucial problem in economics and finance. For example, stochastic models can be applied to financial and insur ance models as we have to evaluate the uncertainty of the future market behavior in order, firstly, to propose different measures for important risks such as the interest risk, the risk of default or the risk of catas trophe and secondly, to describe how to act in order to optimize the situation in time. Recently, the concept of VaR (Value at Risk) was "discovered" in portfolio theory enlarging so the fundamental model of Markowitz."

General

Imprint: Springer-Verlag New York
Country of origin: United States
Release date: October 2011
First published: 1999
Editors: Jacques Janssen • Nikolaos Limnios
Dimensions: 240 x 160 x 22mm (L x W x T)
Format: Paperback
Pages: 404
Edition: Softcover reprint of the original 1st ed. 1999
ISBN-13: 978-1-4613-3290-9
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Reference & Interdisciplinary > Communication studies > Information theory > Cybernetics & systems theory
Books > Science & Mathematics > Mathematics > Mathematical foundations > General
Books > Science & Mathematics > Mathematics > Number theory > General
Promotions
LSN: 1-4613-3290-7
Barcode: 9781461332909

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Principia Mathematica
Russell Bertrand Russell Hardcover R1,292 Discovery Miles 12 920
Principia Mathematica
Russell Bertrand Russell Hardcover R1,332 Discovery Miles 13 320
Logic from Russell to Church, Volume 5
Dov M. Gabbay, John Woods Hardcover R5,602 Discovery Miles 56 020
Logic for Physicists
Nicolas A Pereyra Paperback R793 Discovery Miles 7 930
Elements of Geometry Upon the Inductive…
James Hayward Paperback R489 Discovery Miles 4 890
Elementary Lessons in Logic - Deductive…
William Stanley Jevons Paperback R600 Discovery Miles 6 000
The Facts Matter - Essays on Logic and…
Sujata Ghosh Paperback R453 Discovery Miles 4 530
Best Books gegradeerde leesreeks: Vlak 1…
Best Books Paperback R95 R90 Discovery Miles 900
From Quantum Information to Musical…
Maria Luisa Dalla Chiara, Roberto Giuntini, … Paperback R550 Discovery Miles 5 500
The Art of Logic - How to Make Sense in…
Eugenia Cheng Paperback  (1)
R355 R317 Discovery Miles 3 170
Foundation Maths
Anthony Croft, Robert Davison Paperback R1,838 Discovery Miles 18 380
A Practice Book In Arithmetic For The…
Harriet E Sharpe Hardcover R818 Discovery Miles 8 180

See more

Partners