Nature

Semi-Markov Processes in Credit Risk Assessment

Semi-Markov processes extend traditional Markov models by explicitly accounting for the time spent in each state before transitioning. This added temporal dimension is particularly valuable in credit ...
JSTOR Daily

A Class of Time-Reversible Semi-Markov Processes

The Canadian Journal of Statistics / La Revue Canadienne de Statistique In this paper, we investigate a class of semi-Markov processes, first touched upon lightly in Pyke and Schaufele (1966), that ...
JSTOR Daily

Limit Theorems for Semi-Markov Processes and Renewal Theory for Markov Chains

With any Harris-recurrent Markov chain one can associate a sequence of random times at which the chain has the same distribution, and the chain can thereby be shown to be equivalent to one having a ...
Insurancenewsnet.com

New Study Findings from University of Calgary Illuminate Research in Risk Management (Pricing of Averaged Variance, Volatility, Covariance and Correlation Swaps with Semi ...

2023 OCT 03 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- New research on risk management is the subject of a new report. According to news originating from Calgary, ...
lse

Survival Models

This course is compulsory on the BSc in Actuarial Science. This course is available on the BSc in Business Mathematics and Statistics and BSc in Mathematics, Statistics and Business. This course is ...