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Leases for Lives
Many historians of insurance have commented on the disconnect between the rise of English life insurance companies in the early eighteenth century and the mathematics behind the sound pricing of life insurance products that was developed at about the same time. Insurance and annuity promoters typically ignored this mathematical work. Bellhouse explores this issue, and shows that the early mathematical work was not motivated by insurance but instead by the fair valuation of life contingent contracts related to property. Even the work of the mathematician James Dodson in the creation of the Equitable Life Assurance Society, offering sound actuarially based premiums, did not change the industry in any significant way. The tipping point was a crisis in 1770 in which the philosopher and mathematician Richard Price, as well as other mathematicians, showed that a dozen or more recently formed annuity societies could not meet their financial obligations and were inviable.
Abraham De Moivre
Extensively researched, this book traces the life and work of Abraham De Moivre as well as the state of probability and statistics in eighteenth-century Britain. It is the first extensive biography of De Moivre and is based on recently discovered material and translations, including some of De Moivre's letters.The book begins with discussions on De
The Flawed Genius of William Playfair
This book shares the life story of William Playfair, the father of statistical graphics, who experienced extreme ups and downs in his various careers, including as a statistician, economist, and fraudster.
Advances in the Statistical Sciences: Applied Probability, Stochastic Processes, and Sampling Theory
On May 27-31, 1985, a series of symposia was held at The University of Western Ontario, London, Canada, to celebrate the 70th birthday of Pro fessor V. M. Joshi. These symposia were chosen to reflect Professor Joshi's research interests as well as areas of expertise in statistical science among faculty in the Departments of Statistical and Actuarial Sciences, Economics, Epidemiology and Biostatistics, and Philosophy. From these symposia, the six volumes which comprise the "Joshi Festschrift" have arisen. The 117 articles in this work reflect the broad interests and high quality of research of those who attended our conference. We would like to thank all of the contributors for their superb c...
Advances in the Statistical Sciences: Applied Probability, Stochastic Processes, and Sampling Theory
On May 27-31, 1985, a series of symposia was held at The University of Western Ontario, London, Canada, to celebrate the 70th birthday of Pro fessor V. M. Joshi. These symposia were chosen to reflect Professor Joshi's research interests as well as areas of expertise in statistical science among faculty in the Departments of Statistical and Actuarial Sciences, Economics, Epidemiology and Biostatistics, and Philosophy. From these symposia, the six volumes which comprise the "Joshi Festschrift" have arisen. The 117 articles in this work reflect the broad interests and high quality of research of those who attended our conference. We would like to thank all of the contributors for their superb c...
The Flawed Genius of William Playfair
A product of the Scottish Enlightenment, William Playfair (1759–1823) worked as a statistician, economist, engineer, banker, land speculator, scam artist, and political propagandist. It has been claimed – erroneously – that Playfair was a spy for the British government and ran a forging operation to print the paper money of the French Revolution. The Flawed Genius of William Playfair offers a complete account of Playfair’s life, richly contextualized in the economic, political, and cultural history of the French Revolution and Napoleonic Wars. The book explores the many peaks and troughs of Playfair’s career, ranging from moderate prosperity to bankruptcy and imprisonment. Through ...
Willful Ignorance
An original account of willful ignorance and how this principle relates to modern probability and statistical methods Through a series of colorful stories about great thinkers and the problems they chose to solve, the author traces the historical evolution of probability and explains how statistical methods have helped to propel scientific research. However, the past success of statistics has depended on vast, deliberate simplifications amounting to willful ignorance, and this very success now threatens future advances in medicine, the social sciences, and other fields. Limitations of existing methods result in frequent reversals of scientific findings and recommendations, to the consternati...
Beyond the Learned Academy
Comprising fifteen essays by leading authorities in the history of mathematics, this volume aims to exemplify the richness, diversity, and breadth of mathematical practice from the seventeenth century through to the middle of the nineteenth century.
