Statistical Tools for Finance and Insurance (Paperback)

From the contents: Finance: Stable Distributions in Finance.- Tail Dependence.- Fuzzy Identification Model.- Implied Trinomial Tress.- Nonparametric Productivity Analysis.- The Exact LR Test of the Scale in the Gamma Family.- Pricing of Catastrophe (CAT) Bonds.- Extreme Value Theory - Modeling and Financial Applications.- Long Memory for VOLA Surfaces.- Correlated Asset Risks and Option Pricing. Insurance: Loss Distributions.- Visualization of the Risk Process.- Approximation of Ruin Probability.- Deductibles.- Net Premiums.- Premium Calculation in the Collective Risk Model Framework under Different Models of Dependent Claims.- Stable Levy Motion Approximation in Collective Risk Theory.- Diffusion Approximation in Risk Theory.