Risk of Ruin

Risk of Ruin PDF Author: Arnold Snyder
Publisher: Huntington Press Inc
ISBN: 1935396609
Category : Fiction
Languages : en
Pages : 264

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Book Description
SHE’S GOD. HE’S A GAMBLER. IT’S A MATCH MADE IN HEAVEN … OR HELL? Risk of Ruin is a love story unlike any you’ve ever read—dark, disturbing, irreverent, some might say sacrilegious—while protagonists Bart and Stacy may be the most compelling misfits to go on the lam since Bonnie and Clyde. The first work of fiction to be released by well-known gambling expert and author Arnold Snyder, Risk of Ruin is a provocative story of crime, passion, rebellion, and possible redemption that attempts to answer a question that has tormented gambling men since Adam placed that all-in bet on Eve: Is she worth the risk?

Risk of Ruin

Risk of Ruin PDF Author: Arnold Snyder
Publisher: Huntington Press Inc
ISBN: 1935396609
Category : Fiction
Languages : en
Pages : 264

Get Book Here

Book Description
SHE’S GOD. HE’S A GAMBLER. IT’S A MATCH MADE IN HEAVEN … OR HELL? Risk of Ruin is a love story unlike any you’ve ever read—dark, disturbing, irreverent, some might say sacrilegious—while protagonists Bart and Stacy may be the most compelling misfits to go on the lam since Bonnie and Clyde. The first work of fiction to be released by well-known gambling expert and author Arnold Snyder, Risk of Ruin is a provocative story of crime, passion, rebellion, and possible redemption that attempts to answer a question that has tormented gambling men since Adam placed that all-in bet on Eve: Is she worth the risk?

Ruin Probabilities

Ruin Probabilities PDF Author: S?ren Asmussen
Publisher: World Scientific
ISBN: 9814282529
Category : Mathematics
Languages : en
Pages : 621

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Book Description
The book gives a comprehensive treatment of the classical and modern ruin probability theory. Some of the topics are Lundberg's inequality, the Cram‚r?Lundberg approximation, exact solutions, other approximations (e.g., for heavy-tailed claim size distributions), finite horizon ruin probabilities, extensions of the classical compound Poisson model to allow for reserve-dependent premiums, Markov-modulation, periodicity, change of measure techniques, phase-type distributions as a computational vehicle and the connection to other applied probability areas, like queueing theory. In this substantially updated and extended second version, new topics include stochastic control, fluctuation theory for Levy processes, Gerber?Shiu functions and dependence.

Love and Ruin

Love and Ruin PDF Author: Paula McLain
Publisher: Ballantine Books
ISBN: 1101967404
Category : Fiction
Languages : en
Pages : 400

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Book Description
NEW YORK TIMES BESTSELLER • A powerful novel of the stormy marriage between Ernest Hemingway and Martha Gellhorn, a fiercely independent woman who became one of the greatest war correspondents of the twentieth century—from the author of The Paris Wife and the new novel When the Stars Go Dark, available now! “Romance, infidelity, war—Paula McLain’s powerhouse novel has it all.”—Glamour NAMED ONE OF THE BEST BOOKS OF THE YEAR BY The Washington Post • New York Public Library • Bloomberg • Real Simple In 1937, twenty-eight-year-old Martha Gellhorn travels alone to Madrid to report on the atrocities of the Spanish Civil War and becomes drawn to the stories of ordinary people caught in the devastating conflict. It’s her chance to prove herself a worthy journalist in a field dominated by men. There she also finds herself unexpectedly—and unwillingly—falling in love with Ernest Hemingway, a man on his way to becoming a legend. On the eve of World War II, and set against the turbulent backdrops of Madrid and Cuba, Martha and Ernest’s relationship and careers ignite. But when Ernest publishes the biggest literary success of his career, For Whom the Bell Tolls, they are no longer equals, and Martha must forge a path as her own woman and writer. Heralded by Ann Patchett as “the new star of historical fiction,” Paula McLain brings Gellhorn’s story richly to life and captures her as a heroine for the ages: a woman who will risk absolutely everything to find her own voice.

Gerber–Shiu Risk Theory

Gerber–Shiu Risk Theory PDF Author: Andreas E. Kyprianou
Publisher: Springer Science & Business Media
ISBN: 3319023039
Category : Mathematics
Languages : en
Pages : 95

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Book Description
Motivated by the many and long-standing contributions of H. Gerber and E. Shiu, this book gives a modern perspective on the problem of ruin for the classical Cramér–Lundberg model and the surplus of an insurance company. The book studies martingales and path decompositions, which are the main tools used in analysing the distribution of the time of ruin, the wealth prior to ruin and the deficit at ruin. Recent developments in exotic ruin theory are also considered. In particular, by making dividend or tax payments out of the surplus process, the effect on ruin is explored. Gerber-Shiu Risk Theory can be used as lecture notes and is suitable for a graduate course. Each chapter corresponds to approximately two hours of lectures.

The (Mis)Behaviour of Markets

The (Mis)Behaviour of Markets PDF Author: Benoit B. Mandelbrot
Publisher: Profile Books
ISBN: 1847651550
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties. With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful. In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.

Risk and Insurance

Risk and Insurance PDF Author: Søren Asmussen
Publisher: Springer Nature
ISBN: 3030351769
Category : Mathematics
Languages : en
Pages : 505

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Book Description
This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and probability. Both non-life and life aspects are covered. The emphasis is on probability and modeling rather than statistics and practical implementation. Aimed at the graduate level, pointing in part to current research topics, it can potentially replace other textbooks on basic non-life insurance mathematics and advanced risk management methods in non-life insurance. Based on chapters selected according to the particular topics in mind, the book may serve as a source for introductory courses to insurance mathematics for non-specialists, advanced courses for actuarial students, or courses on probabilistic aspects of risk. It will also be useful for practitioners and students/researchers in related areas such as finance and statistics who wish to get an overview of the general area of mathematical modeling and analysis in insurance.

Rethinking Reputational Risk

Rethinking Reputational Risk PDF Author: Anthony Fitzsimmons
Publisher: Kogan Page Publishers
ISBN: 0749477377
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
A company's reputation is one of its most valuable assets, and reputational risk is high on the agenda at board level and amongst regulators. Rethinking Reputational Risk explains the hidden factors which can both cause crises and tip an otherwise survivable crisis into a reputational disaster. Reputations are lost when the perception of an organization is damaged by its behaviour not meeting stakeholder expectations. Rethinking Reputational Risk lays bare the actions, inactions and local 'states of normality' that can lead to perception-changing consequences and gives readers the insight to recognize and respond to the risks to their reputations. Using case studies, such as BP's Deepwater Horizon oil spill, Volkswagen's emissions rigging scandal, Tesco, AIG, EADS Airbus A380, and Mid-Staffordshire NHS Hospital Trust, and analysis of their failures, this hard-hitting guide also applies lessons drawn from behavioural economics to the behavioural risks that underlie reputation risk. An essential read for risk professionals, business leaders and board members who need to understand and deal with business-critical threats to their reputation, this book presents a new framework that will be invaluable for all involved in safeguarding an organization's reputation.

Aspects of Risk Theory

Aspects of Risk Theory PDF Author: Jan Grandell
Publisher: Springer Science & Business Media
ISBN: 1461390583
Category : Mathematics
Languages : en
Pages : 186

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Book Description
Risk theory, which deals with stochastic models of an insurance business, is a classical application of probability theory. The fundamental problem in risk theory is to investigate the ruin possibility of the risk business. Traditionally the occurrence of the claims is described by a Poisson process and the cost of the claims by a sequence of random variables. This book is a treatise of risk theory with emphasis on models where the occurrence of the claims is described by more general point processes than the Poisson process, such as renewal processes, Cox processes and general stationary point processes. In the Cox case the possibility of risk fluctuation is explicitly taken into account. The presentation is based on modern probabilistic methods rather than on analytic methods. The theory is accompanied with discussions on practical evaluation of ruin probabilities and statistical estimation. Many numerical illustrations of the results are given.

Risk, Ruin and Survival

Risk, Ruin and Survival PDF Author: Ricardas Zitikis
Publisher: MDPI
ISBN: 3039285165
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
Developing techniques for assessing various risks and calculating probabilities of ruin and survival are exciting topics for mathematically-inclined academics. For practicing actuaries and financial engineers, the resulting insights have provided enormous opportunities but also created serious challenges to overcome, thus facilitating closer cooperation between industries and academic institutions. In this book, several renown researchers with extensive interdisciplinary research experiences share their thoughts that, in one way or another, contribute to the betterment of practice and theory of decision making under uncertainty. Behavioral, cultural, mathematical, and statistical aspects of risk assessment and modelling have been explored, and have been often illustrated using real and simulated data. Topics range from financial and insurance risks to security-type risks, from one-dimensional to multi- and even infinite-dimensional risks. The articles in the book were written with a broad audience in mind and should provide enjoyable reading for those with university level degrees and/or those who have studied for accreditation by various actuarial and financial societies.

Measuring Market Risk

Measuring Market Risk PDF Author: Kevin Dowd
Publisher: John Wiley & Sons
ISBN: 0470855215
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
The most up-to-date resource on market risk methodologies Financial professionals in both the front and back office require an understanding of market risk and how to manage it. Measuring Market Risk provides this understanding with an overview of the most recent innovations in Value at Risk (VaR) and Expected Tail Loss (ETL) estimation. This book is filled with clear and accessible explanations of complex issues that arise in risk measuring-from parametric versus nonparametric estimation to incre-mental and component risks. Measuring Market Risk also includes accompanying software written in Matlab—allowing the reader to simulate and run the examples in the book.