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Actuarial Sciences and Quantitative Finance
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Featuring contributions fromindustry and academia, this volume includes chapters covering adiverse range of theoretical and empirical aspects of actuarial science and quantitative finance, including portfolio management, derivative valuation, risk theory and the economics of insurance.Developed fromthe First International Congress on Actuarial Science and Quantitative Finance,held at theUniversidad Nacional de Colombia inBogotin June 2014, this volume highlights different approaches to issues arising from industries in the Andean and Carribean regions. Contributions address topics such as Reverse mortgage schemesand urban dynamics, modeling spot price dynamics in the electricity market, and optimizing calibration and pricing with SABR models.
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