Risk management of natural disasters. The example of Mexico
Flores González, Claudia G.
Risk management of natural disasters. The example of Mexico - KIT Scientific Publishing 2006 - 1 electronic resource (XV, 153 p. p.)
Open Access
The focuses are on the study of risk management of natural disasters from the perspective of complex systems, using the example of Mexico. It develops the theory of an arrival process taking into account an early warning system and we use it to create appropriate actuarial models. Then, it formulates a stochastic optimization problem to find an investment strategy for the management of a fund from the perspective of a risk-averse government. The solution is given with the use of the Föllmer-Schweizer strategy.
Creative Commons
German
KSP/1000004241 3866440057
10.5445/KSP/1000004241 doi
risk reserve rain government arrival process multifractal stochastic optmization IDAF functions IDF curves warning actuarial science
Risk management of natural disasters. The example of Mexico - KIT Scientific Publishing 2006 - 1 electronic resource (XV, 153 p. p.)
Open Access
The focuses are on the study of risk management of natural disasters from the perspective of complex systems, using the example of Mexico. It develops the theory of an arrival process taking into account an early warning system and we use it to create appropriate actuarial models. Then, it formulates a stochastic optimization problem to find an investment strategy for the management of a fund from the perspective of a risk-averse government. The solution is given with the use of the Föllmer-Schweizer strategy.
Creative Commons
German
KSP/1000004241 3866440057
10.5445/KSP/1000004241 doi
risk reserve rain government arrival process multifractal stochastic optmization IDAF functions IDF curves warning actuarial science