What are the applications of stochastic processes in actuarial science beyond claims modeling?

the entropy rate of a stochastic process (message or sequence is seen as a succession of events). (The "rate of self-information" can also be defined for a ... Apr 15, 2025 ... ... stochastic process. We introduce an informational taxonomy to profile these correlations via a suite of multivariate information measures. Gaussian stochastic process with mean. Er|θ. [∆ϑ(r)] = 1 n !i f [bi + #i(θ)] ... Information-theoretic asymptotics of Bayes methods. IEEE Trans- actions ... In particular, the methods of analyzing the stochastic process of financial ... information, uncertainty, entropy, and ignorance in stochastic processes. Aug 8, 2024 ... Stochastic Processes and their Applications 55, 159 - 167 (1995). A stochastic process arising in sequential experimentation. Statistics ... 01:640:478 Introduction to Stochastic Processes, 3, Please check possible pre-req on the Schedule of Classes. 01:640:354 Linear Optimization, 3, Please check ... Probability in the Engineering and Informational Sciences, vol. 12, 1998 ... BOOK: Stochastic-Process Limits, published by Springer in 2002 (602 pages). ... Stochastic Processes and their Ap- plications, 74 (2) 195-201, 1998. 21 ... gineering and Informational Science, 18 (4) 493-502, 2004. 26. Zazanis ... ... information to solve engineering and technology problems by different methods. ... processes, r th order Markov chains, time series as stochastic processes. In particular, if we partition a set of stochastic processes into groups whose sums must be forecast independently, then the statistical properties of each ...