Description: This paper is about a concept known as the 'rate of transmission of information' or, more simply, as the 'information rate.' The authors establish the equivalence of arbitrage-free economic systems and a generalized betting model in such a way that the interpretation of the information rate, as the maximum rate of increase of an investor's capital, is preserved. As a corollary to this result, they show that the difference in the information rate between models represents the achievable incremental return associated with the superior predictor model. From Actuarial Research Clearing House 1993, Vol. 3.

Description: This abstract describes a paper that studies statistical models for records of data breaches due to cyber security incidents since 2005 collected by Privacy Rights Clearinghouse.

Description: This paper shows at a relatively low cost, computer assisted instructional techniques can materially improve both classroom instruction and independent study. This discussion is limited to the material used in a Penn State mathematics of finance course. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This article describes Actuaries Online- the Society of Actuaries electronic bulletin board sponsored on the CompuServe network, with additional sections identified for the Actuarial Standards Board, the American Academy of Actuaries, and the International Forum of Actuarial Associations. All bulletin boards on CompuServe have three key pieces: messages, libraries, and conferences. From Actuarial Research Clearing House 1996, Vol. 1.

Description: The complex world of life insurance, historically the domain of those gifted in integral calculus and probabilistic and present value mathematics, is explored using Excel spreadsheets and the Solver macro. The cash flow approach to learning life insurance examines how the cash flows through an insurance company without using higher math.