Alternative Price Dynamics and Valuation of Flexible Strategies
International Journal of Finance &Economics, EarlyView.ABSTRACT In this article, we study the optimal operational strategy of production projects. We investigate different underlying price models and determine the optimal barriers of transition to suspension, recovery, or irreversible abandonment of productive activity.
Cristina Bertolosi +2 more
wiley +1 more source
Some positive dependence notions, with applications in actuarial sciences. [PDF]
The paper is devoted to the study of several notions of positive dependence among risks, namely association, linear positive quadrant dependence, positive orthant dependence and conditional increasingness in sequence.
Denuit, M, Dhaene, Jan, Ribas, C
core
Modelling the fair value of annuities contracts: the impact of interest rate risk and mortality risk [PDF]
, 2006 The purpose of this paper is to analyze the problem of the fair valuation of annuities contracts. The market consistent valuation of these products requires a pricing framework which includes the two main sources of risk affecting the value of the ...
Ballotta, L., Esposito, G., Haberman, S.
core +1 more source
Gubernatorial Re‐Election Incentives, Local Investment Bias, and Pension Fund Performance
Journal of Corporate Accounting &Finance, EarlyView.ABSTRACT We investigate the impact of gubernatorial re‐election incentive and political factors on US public pension funds from 1990 to 2022. Our empirical analysis finds no significant overall relationship between gubernatorial re‐election incentives and local bias in the full sample.
Hongxian Zhang +3 more
wiley +1 more source
The concept of comonotonicity in actuarial science and finance : theory. [PDF]
n an insurance context, one is often interested in the distribution function of a sum of random variables. Such a sum appears when considering the aggregate claims of an insurance portfolio over a certain reference period.
Denuit, Michel +4 more
core
Quantum computational insurance and actuarial science
Science China Information SciencesIn recent years, quantum computation has been rapidly advancing, driving a technological revolution with significant potential across various sectors, particularly in finance. Despite this, the insurance industry, an essential tool for mitigating unforeseen risks and losses, has received limited attention.
Liu, Huan-Yu +9 more
openaire +2 more sources
Alternative framework for the fair valuation of participating life insurance contracts [PDF]
, 2004 In this communication, we develop suitable valuation techniques for a with-profit/unitized with profit life insurance policy providing interest rate guarantees, when a jump-diffusion process for the evolution of the underlying reference portfolio is used.
Ballotta, L.
core +1 more source
Nutritional and reproductive dynamics of moose near their southern range limit
The Journal of Wildlife Management, EarlyView.Though southern moose (Alces alces) had relatively low seasonal fluctuations in body fat, their condition was positively associated with pregnancy and adult survival but did not influence recruitment of young. We demonstrated clear signs of nutritional limitation and unexpected patterns of reproductive performance that may be unique to moose living at ...
Alexander B. May +5 more
wiley +1 more source
Statistical Research of Risks in Car Insurance [PDF]
The work presents recommendations related to the methodology of actuarial and statistical data research in car insurance sector that can be used in the majority of risk insurances.
Kornilov, Igor, Melnichenko, Egor
core
The Health Insurance Provisions of the 2009 Congressional Health Reform Bills: Implications for Coverage, Affordability, and Costs [PDF]
, 2010 Analyzes the House and Senate healthcare reform bills for the number of people likely to gain coverage and the implications for federal financing, families' insurance premium and out-of-pocket costs, employers, and the potential for price ...
Jennifer L. Nicholson +4 more
core