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Bayesian Claims Reserving Methods in Non-Life Insurance with Stan: An Introduction

by Guangyuan Gao
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Current price ₹6,243.00
Original price ₹9,604.00
Original price ₹9,604.00
Original price ₹9,604.00
(-35%)
₹6,243.00
Current price ₹6,243.00

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Book cover type: Hardcover
  • ISBN13: 9789811336089
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Springer
  • Publisher Imprint: Springer
  • Publication Date:
  • Pages: 205
  • Original Price: EUR 84.99
  • Language: English
  • Edition: 2018
  • Item Weight: 486 grams
  • BISAC Subject(s): Probability & Statistics / Bayesian Analysis, Statistics, and Economics / Theory

From the Back Cover
This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.

Guangyuan Gao, lecturer in actuarial science, School of Statistics at the Renmin University of China.


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