Description
| Product ID: | 9783030258191 |
| Product Form: | Paperback / softback |
| Country of Manufacture: | CH |
| Series: | Springer Actuarial |
| Title: | Effective Statistical Learning Methods for Actuaries I |
| Subtitle: | GLMs and Extensions |
| Authors: | Author: Donatien Hainaut, Michel Denuit, Julien Trufin |
| Page Count: | 441 |
| Subjects: | Economics, Finance, Business and Management, Economics, finance, business & management, Insurance and actuarial studies, Probability and statistics, Insurance & actuarial studies, Probability & statistics |
| Description: | This book summarizes the state of the art in generalized linear models (GLMs) and their various extensions: GAMs, mixed models and credibility, and some nonlinear variants (GNMs). Going beyond mean modeling, it considers volatility modeling (double GLMs) and the general modeling of location, scale and shape parameters (GAMLSS). This book summarizes the state of the art in generalized linear models (GLMs) and their various extensions: GAMs, mixed models and credibility, and some nonlinear variants (GNMs). In order to deal with tail events, analytical tools from Extreme Value Theory are presented. Going beyond mean modeling, it considers volatility modeling (double GLMs) and the general modeling of location, scale and shape parameters (GAMLSS). Actuaries need these advanced analytical tools to turn the massive data sets now at their disposal into opportunities. The exposition alternates between methodological aspects and case studies, providing numerical illustrations using the R statistical software. The technical prerequisites are kept at a reasonable level in order to reach a broad readership. This is the first of three volumes entitled Effective Statistical Learning Methods for Actuaries. Written by actuaries for actuaries, this series offers a comprehensive overview of insurance data analytics with applications to P&C, life and health insurance. Although closely related to the other two volumes, this volume can be read independently. |
| Imprint Name: | Springer Nature Switzerland AG |
| Publisher Name: | Springer Nature Switzerland AG |
| Country of Publication: | GB |
| Publishing Date: | 2019-09-18 |
