Actuarial Mathematics
Newton L. Bowers, Hans U. Gerber, James C. Hickman, "Actuarial Mathematics"
English | 1997 | ISBN: 0938959468 | PDF | pages: 766 | 32,7 mb
English | 1997 | ISBN: 0938959468 | PDF | pages: 766 | 32,7 mb
Actuarial science is not static. In the time since the publication of the first edition of Actuarial Mathematics, actuarial science has absorbed additional ideas from economics and the mathematical sciences. At the same time, computing and communications have become cheaper and faster, and this has helped to make feasible more complex actuarial models. During this period the financial risks that modern societies seek to manage have also altered as a result of the globalization of business, technological advances, and political shifts that have changed public policies.
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