02779cam a2200553Ma 4500 ocn841171575 OCoLC 20171107075207.0 m o d cr cn||||||||| 111208s2012 enka ob 001 0 eng d 9781118565933 (e-book) 1118565932 (e-book) 9781118562031 (electronic bk.) 1118562038 (electronic bk.) 9781848212046 1848212046 AU@ 000051629148 CHBIS 010026755 CHVBK 306234343 DEBBG BV041091202 NZ1 15916347 (OCoLC)841171575 (OCoLC)872693956 (OCoLC)925497016 E7B eng pn E7B DG1 OCLCQ OCLCO CNSPO YDXCP OCLCQ DG1 MAIN HD7105.4 .D48 2012eb 332.67/2540151923 23 Devolder, Pierre. Stochastic methods for pension funds / Pierre Devolder, Jacques Janssen, Raimondo Manca. [electronic resource] London : ISTE Ltd. ; Hoboken, N.J. : Wiley, 2012. 1 online resource (xv, 458 pages) : illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Applied stochastic methods series Includes bibliographical references and index. Introduction: pensions in perspective -- Classical actuarial theory of pension funding -- Deterministic and stochastic optimal control -- Defined contribution and defined benefit pension plans -- Fair and market values and interest rate stochastic models -- Risk modeling and solvency for pension funds -- Optimal control of a defined benefit pension scheme -- Optimal control of a defined contribution pension scheme -- Simulation models -- Discrete time semi-Markov processes (SMP) and reward SMP -- Generalized semi-Markov non-homogeneous models for pension funds and manpower management -- Appendices. Basic probabilistic tools for stochastic modeling -- Itô calculus and diffusion processes -- Bibliography -- Index. Pension trusts Management. Pension trusts Mathematics. Financial risk management Mathematical models. Stochastic models. Electronic books. Janssen, Jacques, 1939- Manca, Raimondo. Print version: Devolder, Pierre. Stochastic methods for pension funds. London : ISTE Ltd. ; Hoboken, N.J. : Wiley, 2012 (DLC) 2011048482 Applied stochastic methods series. http://onlinelibrary.wiley.com/book/10.1002/9781118562031 Wiley Online Library ddc BK 206671 206671