This book presents applications of semi-Markov processes in finance, insurance and reliability, using real-life problems as examples. After a presentation of the main probabilistic tools necessary for understanding of the book, the authors show how to apply semi-Markov processes in finance, starting
Discrete-Time Semi-Markov Model for Reliability and Survival Analysis
β Scribed by Barbu, Vlad; Boussemart, Michel; Limnios, Nikolaos
- Book ID
- 121238986
- Publisher
- Taylor and Francis Group
- Year
- 2004
- Tongue
- English
- Weight
- 320 KB
- Volume
- 33
- Category
- Article
- ISSN
- 0361-0926
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