Results 131 to 140 of about 14,724 (294)
Introducing Actuarial Science to High School Students (pp. 1--6)
, 2020 Actuarial science is one of the fastest growing careers in our modern society. The actuarial career continues to be named one of the best jobs in the United States based on work environment, job outlook, security, and stress level (US News, 2019).
Walker, Janet M., Wilson, Chloe
core
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 +2 more
wiley +1 more source
Finding roots of functions in actuarial science
, 2010 The following simple code can be used to find roots of functions (based on the secant algorithm), secant=function(fun, x0, x1, tolerence=1e-07, niter=500){ for ( i in 1:niter ) { x2 - x1-fun(x1)*(x1-x0)/(fun(x1)-fun(x0)) if (abs(fun(x2)) tolerence ...
Arthur Charpentier
core
Welfare implications of fair and accountable insurance pricing
Journal of Risk and Insurance, EarlyView.Abstract This paper introduces an empirical framework to evaluate the welfare implications of fair and accountable insurance pricing by modeling the complete pricing process, including demand and price optimization. Moving beyond traditional cost modeling, we analyze both discrimination‐related fairness criteria and broader regulatory constraints, such
Fei Huang, Hajime Shimao
wiley +1 more source
An actuarial artificial intelligence for the game rock-paper-scissors
South African Journal of Science, 2018 Michael B. Jordan
doaj +1 more source
Computational actuarial science with R
, 2014 The book Computational Actuarial Science, with R is officially out. In the introduction of the book, and on the website of CRC, it is mentioned that the datasets can be found "in an R package on CRAN", which is unfortunately incorrect.
Charpentier, Arthur, Arthur Charpentier
core
Journal of Risk and Insurance, EarlyView.Abstract In many low‐ and middle‐income countries, social insurance provides basic pension benefits with limited cover for illness and care costs, while private insurance markets are underdeveloped. Using an online survey of retirement portfolio choices in urban China, we examined the stated demand for longevity, critical illness, and long‐term care ...
Cheng Wan +3 more
wiley +1 more source
Design and pricing of private long‐term care insurance: An Australian analysis
Journal of Risk and Insurance, EarlyView.Abstract Private long‐term care insurance (LTCI) is unavailable in many countries, including Australia, where individuals rely on government support and retirement savings for aged care. This study explores the design and pricing of private LTCI products covering out‐of‐pocket costs, using a model of chronic illness and disability in Australia.
Kyu Park, Michael Sherris
wiley +1 more source