The interaction between mathematicians and statisticians working in the actuarial and financial fields is producing numerous meaningful scientific results. This volume, comprising a series of four-page papers, gathers new ideas relating to mathematical and statistical methods in…
Preface: Jean-Paul Félix.-Part I. Dependancy: Definitions and Facts.-Introduction: Bob Yee.-Interaction of morbidity and mortality in Long Term Care: Eric Stallard.-Long Term Care in the United States: Etienne Dupourque.-Long Term Care in France: François Lusson.-Part II. Liabil…
This edited volume proposes a review of the Long-Term Care insurance; this issue is addressed both from a global point of view, (through a presentation of the risk of dependence associated with the aging of the population) and an actuarial point of view, (with the presentation o…
This work, now in a thoroughly revised second edition, presents the economic foundations of financial markets theory from a mathematically rigorous standpoint and offers a self-contained critical discussion based on empirical results. It is the only textbook on the subject to in…
Investment and risk management problems are fundamental problems for¡ financial institutions and involve both speculative and hedging decisions. A structured approach to these problems naturally leads one to the field of applied mathematics in order to translate subjective proba…
The author's particular interest in the area of risk measures is to combine this theory with the analysis of dependence properties. The present volume gives an introduction of basic concepts and methods in mathematical risk analysis, in particular of those parts of risk theory t…