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Biology --- Research. --- Mathematical models. --- Biologie --- Medicine --- Biomedical Research --- Recherche. --- Modèles mathématiques.

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Knowledge of risk models and the assessment of risk is a fundamental part of the training of actuaries and all who are involved in financial, pensions and insurance mathematics. This book provides students and others with a firm foundation in a wide range of statistical and probabilistic methods for the modelling of risk, including short-term risk modelling, model-based pricing, risk-sharing, ruin theory and credibility. It covers much of the international syllabuses for professional actuarial examinations in risk models, but goes into further depth, with worked examples, exercises and detailed case studies. The authors also use the statistical package R to demonstrate how simple code and functions can be used profitably in an actuarial context. The authors' engaging and pragmatic approach, balancing rigour and intuition and developed over many years of teaching the subject, makes this book ideal for self-study or for students taking courses in risk modelling.

Risk (Insurance) --- Risque (Assurance) --- Mathematical models. --- Modèles mathématiques --- Mathematics --- Applied. --- Modèles mathématiques --- Insurance --- Business mathematics --- Actuarial science --- Mathematics.

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This book presents a model which simulates the effects of financial reforms in transitional economies, which is then applied to Poland for a variety of policy simulations. The authors develop models for households, commercial banks and firms, expanding their enquiry into the government sector, the central banking sector, the external sector and finally the supply side. These sub-sector models explicitly incorporate institutional features specific to the Polish economy. The estimated model is used to simulate the effects of a wide array of financial policies introduced in Poland, and these resu

Finance --- Finances --- Mathematical models --- Modèles mathématiques --- Mathematical models. --- Modèles mathématiques --- Funding --- Funds --- Economics --- Currency question

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The Black-Scholes option pricing model is the first and by far the best-known continuous-time mathematical model used in mathematical finance. Here, it provides a sufficiently complex, yet tractable, testbed for exploring the basic methodology of option pricing. The discussion of extended markets, the careful attention paid to the requirements for admissible trading strategies, the development of pricing formulae for many widely traded instruments and the additional complications offered by multi-stock models will appeal to a wide class of instructors. Students, practitioners and researchers alike will benefit from the book's rigorous, but unfussy, approach to technical issues. It highlights potential pitfalls, gives clear motivation for results and techniques and includes carefully chosen examples and exercises, all of which make it suitable for self-study.

Options (Finance) --- Options (Finances) --- Prices --- Mathematical models --- Prix --- Modèles mathématiques --- Mathematical Sciences --- Probability --- Investments --- Mathematical models.

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This book describes the use of models in process engineering. Process engineering is all about manufacturing--of just about anything! To manage processing and manufacturing systematically, the engineer has to bring together many different techniques and analyses of the interaction between various aspects of the process. For example, process engineers would apply models to perform feasibility analyses of novel process designs, assess environmental impact, and detect potential hazards or accidents.To manage complex systems and enable process design, the behavior of systems is reduced to

Mathematical models --- Computer simulation --- Modèles mathématiques. --- Simulation par ordinateur. --- Modèles mathématiques. --- Chemical processes --- Mathematical models. --- Computer simulation.