Advanced Multistate Models
Actuarial Science 9007B
Description: This course provides an advanced introduction to the theory and application of multi-state models in actuarial science. Topics to be covered: actuarial application of Multi-State Models; introduction to the Theory of Multi-State Models; review of Continuous-Time Markov Chains; Time-Inhomogeneous Markov Chains; analysis of Present Values an their Moments; estimation of Transition Intensity Functions.
Term: B
Outlines of this course offered in past school years