David C. M. Dickson,Mary R. Hardy,Howard R. Waters: Actuarial Mathematics for Life Contingent Risks
Description
Actuarial Mathematics for Life Contingent Risks, 2nd edition, is the sole required text for the Society of Actuaries Exam MLC Fall 2015 and Spring 2016. It covers the entire syllabus for the SOA Exam MLC, including new sections for Spring 2016. It is ideal for university courses and for individuals preparing for professional actuarial examinations - especially the new, long-answer exam questions. Three leaders in actuarial science balance rigor with intuition and emphasize practical applications using computational techniques to provide a modern perspective on life contingencies and equip students for the products and risk structures of the future. The authors then develop a more contemporary outlook, introducing multiple state models, emerging cash flows and embedded options. The 210 exercises provide meaningful practice with both long-answer and multiple choice questions.
Furthermore: * the book has been updated to include new material on discrete time Markov processes, on models involving joint lives, and on universal life insurance and participating traditional insurance * the Solutions Manual (ISBN 9781107620261), available for separate purchase, provides detailed solutions to the text's exercises.
In this fascinating and illuminating work, Leonard Mlodinow guides us through the critical eras and events in the development of science, all of which, he demonstrates, were propelled forward by humankind's collective struggle to know. From the birth of reasoning and culture to the formation of the studies of physics, chemistry, biology, and modern-day quantum physics, we come to see that much of our progress can be attributed to simple questions-why? how?-bravely asked. Mlodinow profiles some of the great philosophers, scientists, and thinkers who explored these questions-Aristotle, Galileo, Newton, Darwin, Einstein and Lavoisier among them-and makes clear that just as science has played a key role in shaping the patterns of human thought, human subjectivity has played a key role in the evolution of science. At once authoritative and accessible, and infused with the author's Oxford Hymn Settings for Organists: Lent and Passiontide: Volume 3: 35 Original Pieces on Hymns for Lent and Passiontide download book trademark wit, this deeply insightful book is a stunning tribute to humanity's intellectual curiosity.
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Author: David C. M. Dickson,Mary R. Hardy,Howard R. Waters
Number of Pages: 616 pages
Published Date: 12 Aug 2013
Publisher: CAMBRIDGE UNIVERSITY PRESS
Publication Country: Cambridge, United Kingdom
Language: English
ISBN: 9781107044074
Download Link: Click Here
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