The aim of this book is to fill this gap and to show how recent methods of stochastic finance can be useful for to the risk management of pension funds. Methods of optimal control will be especially developed and applied to fundamental problems such as the optimal asset allocation of the fund or the cost spreading of a pension scheme. Num Pages: 474 pages, Illustrations. BIC Classification: KFFP; PBWL. Category: (P) Professional & Vocational. Dimension: 240 x 167 x 32. Weight in Grams: 838. . 2012. . . . . Books ship from the US and Ireland.

Bestandsnummer des Verk�ufers V9781848212046

Verk�ufer kontaktieren

Diesen Artikel melden

Bibliografische Details

Titel: Stochastic Methods for Pension Funds
Verlag: ISTE Ltd and John Wiley & Sons Inc
Erscheinungsjahr: 2012
Sprache: Englisch
ISBN-10: 1848212046
ISBN-13: 9781848212046
Einband: Hardcover
Zustand: New

�ber diesen Titel

Inhaltsangabe

Quantitative finance has become these last years a extraordinary field of research and interest as well from an academic point of view as for practical applications.

At the same time, pension issue is clearly a major economical and financial topic for the next decades in the context of the well-known longevity risk. Surprisingly few books are devoted to application of modern stochastic calculus to pension analysis.

The aim of this book is to fill this gap and to show how recent methods of stochastic finance can be useful for to the risk management of pension funds. Methods of optimal control will be especially developed and applied to fundamental problems such as the optimal asset allocation of the fund or the cost spreading of a pension scheme. In these various problems, financial as well as demographic risks will be addressed and modelled.

�ber die Autorin bzw. den Autor

Pierre Devolder is Professor of quantitative finance and actuarial sciences. He is associate editor of the ASTIN Bulletin and a member of the board of the AFIR section of the International Actuarial Association. His main research interests are pension funding, the application of stochastic processes to finance and insurance, fair valuation and solvency of insurance liabilities.

Jacques Janssen is Honorary Professor at the Solvay Business School in Brussels, Belgium. He is a member of many scientific and actuarial associations (Belgium, France, and Switzerland) and chairman of the International ASMDA Steering Committee. His research interests include stochastic processes, financial and actuarial mathematics, operations research and data mining.

Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science. He is associate editor of the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, the application of stochastic processes to economics, finance and insurance and simulation models.

��ber diesen Titel� kann sich auf eine andere Ausgabe dieses Titels beziehen.

Anbieterinformationen

We carry a comprehensive range of out of print and rare books.

Zur Homepage des Verk�ufers

Unternehmensdaten des Verk�ufers

Kennys Bookshops and Art Galleries Limited
Liosban Industrial Estate, Tuam Road, Galway, GY, Ireland

Gesch�ftsbedingungen und Versandinformationen

Verkaufsbedingungen

We guarantee the condition of every book as it's described on the Abebooks websites.

If you're dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date.

For any queries please use the contact seller link or send an email to books@kennys.ie

Conor Kenny

Widerrufsbelehrung

Versandbedingungen

All books securely packaged. Some books ship from Ireland.

Versandkosten von USA nach Deutschland

Versandkosten von USA nach Deutschland
Bestellmenge	16 bis 22�Werktage	14 bis 20�Werktage
Erster Artikel	EUR 1.89	EUR 2.07

Die Versandzeiten werden von den Verk�uferinnen und Verk�ufern festgelegt. Sie variieren je nach Versanddienstleister und Standort. Sendungen, die den Zoll passieren, k�nnen Verz�gerungen unterliegen. Eventuell anfallende Abgaben oder Geb�hren sind von der K�uferin bzw. dem K�ufer zu tragen. Die Verk�uferin bzw. der Verk�ufer kann Sie bez�glich zus�tzlicher Versandkosten kontaktieren, um einen m�glichen Anstieg der Versandkosten f�r Ihre Artikel auszugleichen.