Directory UMM :Data Elmu:jurnal:I:Insurance Mathematics And Economics:Vol27.Issue2.2000:
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In Section 3, I define a basic logic of individual beliefs and intentions, which is extended to cover common belief in Section 4.. In Section 5, I give a formal definition
Aase, K.K., An equilibrium asset pricing model based on Lévy processes: rela- tions to stochastic volatility, and the.. survival hypothesis
England, Com- ments on: “A comparison of stochastic models that reproduce chain ladder re- serve estimates”, by Mack and Venter. (Discussion)
Using some results from risk theory on comonotone risks and stop-loss order, we were able to show that the price of an arithmetic Asian option can be bounded from above by the price
The topics covered include: a short overview of technologies used in adaptive nonlinear modeling; modeling considerations; the model development process; and a comparison of linear
In sum, an attempt to model actual interest rate crediting behavior of life insurance companies should involve the specification of a functional relationship from the asset base, A( ·
In a two-stage model of private income transfers with a labor market, we find that the aggregate effect of such transfers induces labor market responses to the increase in moral
In summary the stochastic properties of consumption in Table 2 are driven by two offsetting influences: the rising interest rate schedule moves consumption away from the full
