Level-Crossing Problems and Inverse Gaussian Distributions
Level-Crossing Problems and Inverse Gaussian Distributions
Level-Crossing Problems and Inverse Gaussian Distributions
Level-Crossing Problems and Inverse Gaussian Distributions
Level-Crossing Problems and Inverse Gaussian Distributions
Level-Crossing Problems and Inverse Gaussian Distributions
Trending Bestseller

Level-Crossing Problems and Inverse Gaussian Distributions

Closed-Form Results and Approximations

Vsevolod K. Malinovskii

No reviews yet Write a Review
Hardback
27 July 2021
$462.00
Ships in 5–7 business days
Hurry up! Current stock:
icon Share icon Share
Description  

Level-Crossing Problems and Inverse Gaussian Distributions: Closed-Form Results and Approximations focusses on the inverse Gaussian approximation for the distribution of the first level-crossing time in a shifted compound renewal process framework. This approximation, whose name was coined by the author, is a successful competitor of the normal (or Cramér's), diffusion, and Teugels' approximations, being a breakthrough in its conditions and accuracy.

Since such approximations underlie numerous applications in risk theory, queueing theory, reliability theory, and mathematical theory of dams and inventories, this book is of interest not only to professional mathematicians, but also to physicists, engineers, and economists.

People from industry with a theoretical background in level-crossing problems, e.g., from the insurance industry, can also benefit from reading this book.

Features:

  • Primarily aimed at researchers and postgraduates, but may be of interest to some professionals working in related fields, such as the insurance industry

  • Suitable for advanced courses in Applied Probability and, as a supplementary reading, for basic courses in Applied Probability
    • Customer reviews  

    This product hasn't received any reviews yet. Be the first to review this product!

    Write a Reviews
    Flat Rate Shipping  
    Easy Returns  
    $462.00
    Ships in 5–7 business days
    Hurry up! Current stock:
    icon Share icon Share
    Flat Rate Shipping  
    Easy Returns  

    Level-Crossing Problems and Inverse Gaussian Distributions

    $462.00

    Description

    Level-Crossing Problems and Inverse Gaussian Distributions: Closed-Form Results and Approximations focusses on the inverse Gaussian approximation for the distribution of the first level-crossing time in a shifted compound renewal process framework. This approximation, whose name was coined by the author, is a successful competitor of the normal (or Cramér's), diffusion, and Teugels' approximations, being a breakthrough in its conditions and accuracy.

    Since such approximations underlie numerous applications in risk theory, queueing theory, reliability theory, and mathematical theory of dams and inventories, this book is of interest not only to professional mathematicians, but also to physicists, engineers, and economists.

    People from industry with a theoretical background in level-crossing problems, e.g., from the insurance industry, can also benefit from reading this book.

    Features:

    • Primarily aimed at researchers and postgraduates, but may be of interest to some professionals working in related fields, such as the insurance industry

    • Suitable for advanced courses in Applied Probability and, as a supplementary reading, for basic courses in Applied Probability

      • Customers Also Viewed

      Buy Books Online at BookLoop

      Discover your next great read at BookLoop, Australiand online bookstore offering a vast selection of titles across various genres and interests. Whether you're curious about what's trending or searching for graphic novels that captivate, thrilling crime and mystery fiction, or exhilarating action and adventure stories, our curated collections have something for every reader. Delve into imaginative fantasy worlds or explore the realms of science fiction that challenge the boundaries of reality. Fans of contemporary narratives will find compelling stories in our contemporary fiction section. Embark on epic journeys with our fantasy and science fiction titles,

      Shop Trending Books and New Releases

      Explore our new releases for the most recent additions in romance books, fantasy books, graphic novels, crime and mystery books, science fiction books as well as biographies, cookbooks, self help books, tarot cards, fortunetelling and much more. With titles covering current trends, booktok and bookstagram recommendations, and emerging authors, BookLoop remains your go-to local australian bookstore for buying books online across all book genres.

      Shop Best Books By Collection

      Stay updated with the literary world by browsing our trending books, featuring the latest bestsellers and critically acclaimed works. Explore titles from popular brands like Minecraft, Pokemon, Star Wars, Bluey, Lonely Planet, ABIA award winners, Peppa Pig, and our specialised collection of ADHD books. At BookLoop, we are committed to providing a diverse and enriching reading experience for all.