||||From the reviews: | |"This book provides a state of the art treatment of dynamic stochastic control problems arising in insurance, like investment, dividend payout and reinsurance problems. … The book comprises four chapters and a comprehensive append
Yet again, here is a Springer volume that offers readers something completely new. Until now, solved examples of the application of stochastic control to actuarial problems could only be found in journals. Not any more: this is the first book to systematically present these methods in one volume. The author starts with a short introduction to stochastic control techniques, then applies the principles to several problems. These examples show how verification theorems ...
[PDF.wb96] Stochastic Control in Insurance (Probability and Its Applications) Rating: 4.97 (517 Votes)
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