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Modelling of Low Probability High Impact Events: Estimating Yearly Losses Incurred Due to Tornadoes in the United States - Softcover

 
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  • PublisherAV Akademikerverlag
  • Publication date2019
  • ISBN 10 6202221925
  • ISBN 13 9786202221924
  • BindingPaperback
  • LanguageEnglish
  • Number of pages88

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Michal Majka
Published by AV Akademikerverlag Feb 2019, 2019
ISBN 10: 6202221925 ISBN 13: 9786202221924
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In many real world phenomena the need for modelling of losses caused by an underlying process that generates both large number of occurrences with minor losses and occurrences with severe impact exists. Prominent examples are natural disasters (earthquakes, hurricanes, tornadoes etc.), operational losses in highly regulated institutions or claims generated by an insurance policy. In each case, the aggregated loss distribution can be modelled with a so called compound model that is a combination of two separate distributions describing the number of events and their severities. In the first part of this book in-depth description of the compound model is provided. The formal discussion is then followed by a case study, in which the previously elaborated theory is applied to model yearly losses incurred due to tornadoes in the United States. 88 pp. Englisch. Seller Inventory # 9786202221924

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Michal Majka
Published by AV Akademikerverlag, 2019
ISBN 10: 6202221925 ISBN 13: 9786202221924
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Condition: Sehr gut. Zustand: Sehr gut - Gepflegter, sauberer Zustand. | Seiten: 88 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 33762096/2

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Michal Majka
Published by AV Akademikerverlag, 2019
ISBN 10: 6202221925 ISBN 13: 9786202221924
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Condition: Hervorragend. Zustand: Hervorragend | Seiten: 88 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 33762096/1

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Michal Majka
Published by AV Akademikerverlag, 2019
ISBN 10: 6202221925 ISBN 13: 9786202221924
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - In many real world phenomena the need for modelling of losses caused by an underlying process that generates both large number of occurrences with minor losses and occurrences with severe impact exists. Prominent examples are natural disasters (earthquakes, hurricanes, tornadoes etc.), operational losses in highly regulated institutions or claims generated by an insurance policy. In each case, the aggregated loss distribution can be modelled with a so called compound model that is a combination of two separate distributions describing the number of events and their severities. In the first part of this book in-depth description of the compound model is provided. The formal discussion is then followed by a case study, in which the previously elaborated theory is applied to model yearly losses incurred due to tornadoes in the United States. Seller Inventory # 9786202221924

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Michal Majka
Published by AV Akademikerverlag, 2019
ISBN 10: 6202221925 ISBN 13: 9786202221924
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Majka MichalMichal Majka holds a graduate degree in Statistics from the University of Vienna. His main interests are modelling low-probability high-impact events and developing open-source software with the programming language R. He. Seller Inventory # 276771235

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