Recent Submissions

  • Garched investment decision making with real risk 

    Anyika, Emma; Weke, Patrick; Achia, Thomas (International Journal of Business and Public Management, 2011)
    Actual future market risks (systematic or non-diversifiable) of investment portfolios are determined in this paper. Future returns are first forecasted using past returns and GARCH (General Autoregressive Conditional ...
  • Construction of Markov Transition Matrices for Cohorts of Students in Bsc.Actuarial Science Programme 

    Imboga, O. Herbert; Orwa, George O.; Humpreys, H.M. (Mount Kenya University, 2016)
    This paper presents an application of Markov Analysis of student flow in a higher educational institution. In the education system not all students who begin an academic year stay till the end. Many of ...