Results 51 to 60 of about 1,226,739 (241)

A Mixture of Clayton, Gumbel, and Frank Copulas: A Complete Dependence Model

Journal of Probability and Statistics, 2022
Knowledge of the dependence between random variables is necessary in the area of risk assessment and evaluation. Some of the existing Archimedean copulas, namely the Clayton and the Gumbel copulas, allow for higher correlations on the extreme left and ...
M. A. Boateng, A. Y. Omari-Sasu, R. K. Avuglah, N. K. Frempong   +3 more
doaj   +1 more source

Driven by risk: Understanding reference‐dependent preferences using simulated auto racing

Journal of Risk and Insurance, EarlyView.
Abstract Using data from over 56,000 simulated auto races worldwide, we analyze risk‐taking at the margins, consistent with reference‐dependent preferences. We show that participants' risk‐taking changes when a desired intermittent outcome is presented, sometimes at the expense of a more favorable expected end state.
James Hilliard, Annette Hofmann, David Weber   +2 more
wiley   +1 more source

ASC553: Advanced Financial Mathematics / College of Computing, Informatics and Mathematics [PDF]

, 2023
This subject provides more advance fundamental concepts as an extension from Financial Mathematics I course. The topic include the understanding of fixed interest securities, the factors affecting changes in interest rates, capital budgeting techniques ...
UiTM, College of Computing, Informatics and Mathematics
core  

Mathematical Modeling of Tobacco and Marijuana Coabuse and the Influence of Educational Campaigns

Journal of Applied Mathematics
Substance misuse is a serious threat to people's health and the socioeconomic stability of countries all over the world. Tobacco and marijuana are among the most abused drugs.
Cecilia Mbithe Wambua, Caroline Kanyiri, Hellen Waititu   +2 more
doaj   +1 more source

Modelización financiero-actuarial de un seguro de dependencia = Long Term Care Insurance Actuarial Model [PDF]

Revista de Métodos Cuantitativos para la Economía y la Empresa, 2008
España ha seguido la tendencia de otros países en cuanto a la cobertura de las personas dependientes, es decir, aquellas que necesitan ayuda para realizar las tareas básicas de la vida diaria, y lo ha hecho mediante la aprobación de la Ley de Promoción ...
Herranz Peinado, Patricia, Guerrero Casas, Flor M., Segovia González, M. Manuela   +2 more
doaj  

Dynamic capital allocation in general insurance

Journal of Risk and Insurance, EarlyView.
Abstract This paper provides a model for allocating capital to different insurance lines with varying development periods for a value‐maximizing insurance company. In our model, the company makes capitalization and exposure decisions considering its capital level and its relevant loss history.
Qiheng Guo, Daniel Bauer, George H. Zanjani   +2 more
wiley   +1 more source

Mathematical Modeling of Leptospirosis With Misdiagnosis

Journal of Applied Mathematics
Leptospirosis is a widespread zoonotic bacterial disease that continues to pose a major public health challenge, particularly in developing countries where it causes substantial morbidity, mortality, and economic losses.
Japheth Musingila Mwongela, Caroline Kanyiri, Virginia Kitetu   +2 more
doaj   +1 more source

A joint model of cost and churn for the insurance industry

Journal of Risk and Insurance, EarlyView.
Abstract In insurance markets, claim costs are highly variable, heavy‐tailed, and difficult to predict. At the same time, policyholder retention and lapse behavior (customer churn) are critical determinants of long‐term profitability and solvency. Most existing models in the literature treat claim costs and lapses as independent, overlooking potential ...
Yumo Dong, Edward W. (Jed) Frees, Fei Huang, Francis K. C. Hui, Harald J. van Heerde   +4 more
wiley   +1 more source

Pawnee Benefit Package Program Actuarial Model

, 2014
This report describes the Pawnee Benefit Package Program (PBPP) Actuarial Model. TheActuarial Model is a simulation tool designed to provide a structure within which data can beorganized and cost estimates prepared for a number of IHS program options ...
Actuarial Research Corporation and JRB Associates
core  

Making mathematics meaningful: Using student-initiated problems to situate mathematics [PDF]

, 2014
Mathematics is everywhere-from the minute we open our eyes to check the alarm clock and calculate how many minutes extra we can afford to lie in bed, to measuring out our cereal for breakfast and estimating if we have enough petrol to make the 18 ...
Brough, Chris Jane, Calder, Nigel Stuart
core