Loss Data Analysis: The Maximum Entropy Approach by Henryk Gzyl (English) Paperb

Description: Loss Data Analysis by Henryk Gzyl, Silvia Mayoral, Erika Gomes-Gonçalves Estimated delivery 3-12 business days Format Paperback Condition Brand New Description With applications in insurance, banking and finance as well as engineering and the natural sciences, Operational Risk Assessment is an important tool to mitigate losses. This textbook focuses on loss data analysis using a maximum entropy approach. A Publisher Description This volume deals with two complementary topics. On one hand the book deals with the problem of determining the the probability distribution of a positive compound random variable, a problem which appears in the banking and insurance industries, in many areas of operational research and in reliability problems in the engineering sciences. On the other hand, the methodology proposed to solve such problems, which is based on an application of the maximum entropy method to invert the Laplace transform of the distributions, can be applied to many other problems. The book contains applications to a large variety of problems, including the problem of dependence of the sample data used to estimate empirically the Laplace transform of the random variable. ContentsIntroductionFrequency modelsIndividual severity modelsSome detailed examplesSome traditional approaches to the aggregation problemLaplace transforms and fractional moment problemsThe standard maximum entropy methodExtensions of the method of maximum entropySuperresolution in maxentropic Laplace transform inversionSample data dependenceDisentangling frequencies and decompounding lossesComputations using the maxentropic densityReview of statistical procedures Author Biography Henryk Gzyl has a PhD in Mathematics from UCSD. He works in Quantitatve Finance and Inverse Problems at The Center for Finance of IESA in Caracas. There he lectures on Risk and Portfolio Optimization. Silvia Mayoral is Professor of Finance in the Business Department of Carlos III University, Spain. Her academic activity is devoted to Financial Markets, with a special focus on Risk Measurement and Asset Pricing. Erika Gomes-Gonçalves Ph.D. in Business and Quantitative Methods at the University Carlos III of Madrid (UC3M), Spain. Bachelor in Mathematics at Simón Bolívar University (USB), Caracas, Venezuela. Currently, she works as Independent Scholar and Data Science Consultant in Madrid. Details ISBN 3111047385 ISBN-13 9783111047386 Title Loss Data Analysis Author Henryk Gzyl, Silvia Mayoral, Erika Gomes-Gonçalves Format Paperback Year 2023 Pages 222 Edition 2nd Publisher De Gruyter GE_Item_ID:140165139; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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