Description:
In overall good condition, no pages missing. Shipping can take between 2-6weeks for international deliveries. Hardback copies may or may not have dust jackets, please get in contact for more information.
![Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and](https://d3525k1ryd2155.cloudfront.net/f/429/082/9783642082429.OL.0.l.jpg)
Stock Photo: Cover May Be Different
Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied Probability) Paperback - 2010
by Embrechts, Paul; Klüppelberg, Claudia; Mikosch, Thomas
From the publisher
From the rear cover
Both in insurance and in finance applications, questions involving extremal events (such as large insurance claims, large fluctuations, in financial data, stock-market shocks, risk management, ...) play an increasingly important role. This much awaited book presents a comprehensive development of extreme value methodology for random walk models, time series, certain types of continuous-time stochastic processes and compound Poisson processes, all models which standardly occur in applications in insurance mathematics and mathematical finance. Both probabilistic and statistical methods are discussed in detail, with such topics as ruin theory for large claim models, fluctuation theory of sums and extremes of iid sequences, extremes in time series models, point process methods, statistical estimation of tail probabilities. Besides summarising and bringing together known results, the book also features topics that appear for the first time in textbook form, including the theory of subexponential distributions and the spectral theory of heavy-tailed time series. A typical chapter will introduce the new methodology in a rather intuitive (tough always mathematically correct) way, stressing the understanding of new techniques rather than following the usual "theorem-proof" format. Many examples, mainly from applications in insurance and finance, help to convey the usefulness of the new material. A final chapter on more extensive applications and/or related fields broadens the scope further. The book can serve either as a text for a graduate course on stochastics, insurance or mathematical finance, or as a basic reference source. Its reference quality is enhanced by a very extensive bibliography, annotated by various comments sections making the book broadly and easily accessible.
Details
- Title Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied Probability)
- Author Embrechts, Paul; Klüppelberg, Claudia; Mikosch, Thomas
- Binding Paperback
- Language ENG
- Publisher Springer
- Date 2010-12
- Features Annotated, Bibliography, Illustrated
- ISBN 9783642082429
More Copies for Sale
![Modelling Extremal Events: for Insurance and Finance [Paperback](https://d3525k1ryd2155.cloudfront.net/f/429/082/9783642082429.IN.0.m.jpg)
Stock Photo: Cover May Be Different
Modelling Extremal Events: for Insurance and Finance [Paperback
by Embrechts, Paul; Klüppelberg, Claudia and Mikosch, Thomas
- Used
- Hardcover
- Condition
- Used
- Binding
- Hardcover
- ISBN 10 / ISBN 13
- 9783642082429 / 3642082424
- Quantity Available
- 1
- Seller
-
Maritime Quarter, Swansea, United Kingdom
- Item Price
-
A$197.72A$88.44 shipping to USA
Show Details
Item Price
A$197.72
A$88.44
shipping to USA
![Modelling Extremal Events : for Insurance and Finance](https://d3525k1ryd2155.cloudfront.net/h/368/060/1589060368.0.m.jpg)
Modelling Extremal Events : for Insurance and Finance
by Paul Embrechts
- New
- Condition
- New
- ISBN 10 / ISBN 13
- 9783642082429 / 3642082424
- Quantity Available
- 477
- Seller
-
Uxbridge, Greater London, United Kingdom
- Item Price
-
A$200.10A$15.38 shipping to USA
Show Details
Description:
New. New Book; Fast Shipping from UK; Not signed; Not First Edition; The Modelling Extremal Events : for Insurance and Finance.
Item Price
A$200.10
A$15.38
shipping to USA
![Modelling Extremal Events: for Insurance and Finance](https://d3525k1ryd2155.cloudfront.net/f/429/082/9783642082429.IN.0.m.jpg)
Stock Photo: Cover May Be Different
Modelling Extremal Events: for Insurance and Finance
by Paul Embrechts
- New
- Paperback
- Condition
- New
- Binding
- Paperback
- ISBN 10 / ISBN 13
- 9783642082429 / 3642082424
- Quantity Available
- 10
- Seller
-
Southport, Merseyside, United Kingdom
- Item Price
-
A$243.80A$19.15 shipping to USA
Show Details
Description:
Paperback / softback. New. In insurance and finance applications, questions involving extremal events play an important role. This book sets out to bridge the gap between existing theory and practical applications both from a probabilistic as well as statistical point of view.
Item Price
A$243.80
A$19.15
shipping to USA
![Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied...](https://d3525k1ryd2155.cloudfront.net/f/429/082/9783642082429.IN.0.m.jpg)
Stock Photo: Cover May Be Different
Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied Probability, 33)
by Embrechts, Paul
- Used
- Good
- Paperback
- Condition
- Used - Good
- Binding
- Paperback
- ISBN 10 / ISBN 13
- 9783642082429 / 3642082424
- Quantity Available
- 1
- Seller
-
Newport Coast, California, United States
- Item Price
-
A$221.19FREE shipping to USA
Show Details
Description:
paperback. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.
Item Price
A$221.19
FREE shipping to USA
![Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied...](https://d3525k1ryd2155.cloudfront.net/f/429/082/9783642082429.IN.0.m.jpg)
Stock Photo: Cover May Be Different
Modelling Extremal Events: for Insurance and Finance (Stochastic Modelling and Applied Probability, 33)
by Embrechts, Paul
- New
- Condition
- New
- ISBN 10 / ISBN 13
- 9783642082429 / 3642082424
- Quantity Available
- 78
- Seller
-
Victoria, British Columbia, Canada
- Item Price
-
A$266.87A$22.80 shipping to USA
Show Details
Description:
Springer. New. Special order direct from the distributor
Item Price
A$266.87
A$22.80
shipping to USA