Life Insurance Mathematics, 3rd Edition With Exercises Contributed by Samuel H. Cox

Gerber, Hans U.; Cox, S.H. [Contributor]

ISBN 10: 354062242X / ISBN 13: 9783540622420

Published by Springer, 1997

About this Item

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Seller Inventory # Q-354062242X

Bibliographic Details

• Title: Life Insurance Mathematics, 3rd Edition With Exercises Contributed by Samuel H. Cox
• Publisher: Springer
• Publication Date: 1997
• Language: English
• ISBN 10: 354062242X
• ISBN 13: 9783540622420
• Binding: hardcover
• Edition: 3rd Edition
• Condition: New
• Weight: 40 ounces

About this title

Synopsis

From the reviews: "The highly esteemed 1990 first edition of this book now appears in a much expanded second edition. The difference between the first two English editions is entirely due to the addition of numerous exercises. The result is a truly excellent book, balancing ideally between theory and practice. ....As already hinted at above, this book provides the ideal bridge between the classical (deterministic) life insurance theory and the emerging dynamic models based on stochastic processes and the modern theory of finance. The structure of the bridge is very solid, though at the same time pleasant to walk along. I have no doubt that Gerber's book will become the standard text for many years to come. Metrika, 44, 1996, 2

From the Back Cover

This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, will appeal to the reader who likes applied mathematics. In addition to model of life contingencies, the theory of compound interest is explained and it is shown how mortality and other rates can be estimated from observations. The probabilistic model is used consistently throughout the book. Numerous exercises (with answers and solutions) have been added, and for this third edition several misprints have been corrected.