Results 21 to 30 of about 3,877,321 (353)

A Proposal Based on Stochastic Differential Equations for Income [PDF]

open access: yesInternational Journal of Industrial Engineering and Production Research, 2023
Previous work has highlighted the need to apply stochastic modeling to understand the dynamics of phenomena occurring in the insurance industry. In this paper, for life insurance and applying a stochastic approach under efficient markets, we use survival
Luis Ceferino Franco-Arbeláez   +2 more
doaj  

Modeling Vehicle Insurance Loss Data Using a New Member of T-X Family of Distributions

open access: yesJournal of Statistical Theory and Applications (JSTA), 2020
In actuarial literature, we come across a diverse range of probability distributions for fitting insurance loss data. Popular distributions are lognormal, log-t, various versions of Pareto, log-logistic, Weibull, gamma and its variants and a generalized ...
Zubair Ahmad   +3 more
doaj   +1 more source

Modelling Motor Insurance Claim Frequency and Severity Using Gradient Boosting

open access: yesRisks, 2023
Modelling claim frequency and claim severity are topics of great interest in property-casualty insurance for supporting underwriting, ratemaking, and reserving actuarial decisions. Standard Generalized Linear Models (GLM) frequency–severity models assume
Carina Clemente   +2 more
doaj   +1 more source

Machine Learning in P&C Insurance: A Review for Pricing and Reserving

open access: yesRisks, 2020
In the past 25 years, computer scientists and statisticians developed machine learning algorithms capable of modeling highly nonlinear transformations and interactions of input features.
Christopher Blier-Wong   +3 more
doaj   +1 more source

The prediction of future behavior: The empty promises of expert clinical and actuarial testimony [PDF]

open access: yes, 2016
Testimony about the future dangerousness of a person has become a central staple of many judicial processes. In settings such as bail, sentencing, and parole decisions, in rulings about the civil confinement of the mentally ill, and ...
Páez, Andrés
core   +2 more sources

Modelling Customs Revenue in Ghana Using Novel Time Series Methods

open access: yesApplied Computational Intelligence and Soft Computing, 2022
Governments across the world rely on their Customs Administration to provide functions that include border security, intellectual property rights protection, environmental protection, and revenue mobilisation amongst others.
Diana Ayorkor Agbenyega   +3 more
doaj   +1 more source

Prediction of Basic Math Course Failure Rate in the Physics, Meteorology, Mathematics, Actuarial Sciences and Pharmacy Degree Programs

open access: yesRevista Electrónica Educare, 2014
This paper summarizes a study conducted in 2013 with the purpose of predicting the failure rate of math courses taken by Pharmacy, Mathematics, Actuarial Science, Physics and Meteorology students at Universidad de Costa Rica (UCR).
Luis Rojas-Torres
doaj   +1 more source

Analysis of Exchange Rates as Time-Inhomogeneous Markov Chain with Finite States

open access: yesJournal of Applied Mathematics, 2022
Irrespective of whether the test for homogeneity is significant or not, most researchers assume time-homogeneity in analysing Markov chains due to scanty literature on the analysis of time-inhomogeneous Markov chains.
Felix O. Mettle   +4 more
doaj   +1 more source

Volatility Analysis of Exchange Rate with Correlated Errors: A Sliding Data Matrix Approach

open access: yesJournal of Applied Mathematics, 2022
The main objective of this study is to propose a method of analysing the volatility of a seemingly random walk time series with correlated errors without transforming the series as performed traditionally.
Felix Okoe Mettle   +4 more
doaj   +1 more source

Application of Markov Chain Techniques for Selecting Efficient Financial Stocks for Investment Portfolio Construction

open access: yesJournal of Applied Mathematics, 2022
In this paper, we apply Markov chain techniques to select the best financial stocks listed on the Ghana Stock Exchange based on the mean recurrent times and steady-state distribution for investment and portfolio construction.
Gabriel Kallah-Dagadu   +4 more
doaj   +1 more source

Home - About - Disclaimer - Privacy