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Cira Perna & Marilena Sibillo – Mathematical and Statistical Methods in Insurance and Finance

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Short Description:
The interaction between mathematicians and statisticians reveals to be an effective approach to the analysis of insurance and financial problems, in particular in an operative perspective…

Description

Mathematical and Statistical Methods in Insurance and Finance

By: Cira Perna, Marilena Sibillo

Publisher: Springer; 1 edition (2008)

Pages: 208

Format: Ebook (PDF)

Description

The interaction between mathematicians and statisticians reveals to be an effective approach to the analysis of insurance and financial problems, in particular in an operative perspective. The Maf2006 conference, held at the University of Salerno in 2006, had precisely this purpose and the collection here published gathers some of the papers presented at the conference and successively worked out to this aim. They cover a wide variety of subjects in insurance and financial fields, all treated in light of the successful cooperation between the two quantitative methods.

About The Editors

Cira Perna has received the Degree in Mathematics from the University of Naples in 1983 and the M. Phil. in Statistics from the CSREAM, University of Naples, in 1985. She had Faculty positions, as Associate Professor, at the University of Calabria (1992-1994) and at the University of Salerno (1994-1999). She has been Professor of Statistics at the University of Salerno since 2000. She has published over 50 technical papers in journals and books. Her current research focuses on non linear time series analysis, artificial neural network models, resampling techniques. She is a member of the Italian Statistical Society and of the IASC. She is also in the board of the ANSET (Italian Time Series Analysis Research Group).

Marilena Sibillo: After graduating in Quantitative Economics at the University of Naples Federico II, she worked at the University of Naples Federico II as a Researcher and taught at the Universities of Sassari and Salerno as Associate Professor. Since 2004 she is Professor in Financial Mathematics. She is author of several papers, mostly in Actuarial Mathematics, published in international specialized journal. At present her research is focused on the risk analysis in actuarial portfolio valuations.

Table Of Contents

  • Least Squares Predictors for Threshold Models: Properties and Forecast Evaluation
    Alessandra Amendola, Marcella Niglio, Cosimo Vitale
    Pages 1-9
  • Estimating Portfolio Conditional Returns Distribution Through Style Analysis Models
    Laura Attardi, Domenico Vistocco
    Pages 11-17
  • A Full Monte Carlo Approach to the Valuation of the Surrender Option Embedded in Life Insurance Contracts
    Anna Rita Bacinello
    Pages 19-26
  • Spatial Aggregation in Scenario Tree Reduction
    Diana Barro, Elio Canestrelli, Pierangelo Ciurlia
    Pages 27-34
  • Scaling Laws in Stock Markets. An Analysis of Prices and Volumes
    Sergio Bianchi, Augusto Pianese
    Pages 35-42
  • Bounds for Concave Distortion Risk Measures for Sums of Risks
    Antonella Campana, Paola Ferretti
    Pages 43-51
  • Characterization of Convex Premium Principles
    Marta Cardin, Graziella Pacelli
    Pages 53-60
  • FFT, Extreme Value Theory and Simulation to Model Non-Life Insurance Claims Dependences
    Rocco Roberto Cerchiara
    Pages 61-65
  • Dynamics of Financial Time Series in an Inhomogeneous Aggregation Framework
    Roy Cerqueti, Giulia Rotundo
    Pages 67-74
  • A Liability Adequacy Test for Mathematical Provision
    Rosa Cocozza, Emilia Di Lorenzo, Abina Orlando, Marilena Sibillo
    Pages 75-81
  • Iterated Function Systems, Iterated Multifunction Systems, and Applications
    Cinzia Colapinto, Davide La Torre
    Pages 83-90
  • Remarks on Insured Loan Valuations
    Mariarosaria Coppola, Valeria D’Amato, Marilena Sibillo
    Pages 91-98
  • Exploring the Copula Approach for the Analysis of Financial Durations
    Giovanni De Luca, Giorgia Rivieccio, Paola Zuccolotto
    Pages 99-106
  • Analysis of Economic Fluctuations: A Contribution from Chaos Theory
    Marisa Faggini
    Pages 107-112
  • Generalized Influence Functions and Robustness Analysis
    Matteo Fini, Davide La Torre
    Pages 113-120
  • Neural Networks for Bandwidth Selection in Non-Parametric Derivative Estimation
    Francesco Giordano, Maria Lucia Parrella
    Pages 121-129
  • Comparing Mortality Trends via Lee-Carter Method in the Framework of Multidimensional Data Analysis
    Giuseppe Giordano, Maria Russolillo, Steven Haberman
    Pages 131-138
  • Decision Making in Financial Markets Through Multivariate Ordering Procedure
    Luca Grilli, Massimo Alfonso Russo
    Pages 139-147
  • A Biometric Risks Analysis in Long Term Care Insurance
    Susanna Levantesi, Massimiliano Menzietti
    Pages 149-156

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