Distribution of Loss Severity of Bonus-Malus Systems
This paper describes a method for computing the distribution function of the loss severity in a Bonus-Malus system with k levels. A closed form expression for the distribution function of the loss severity by assuming different distributions for claim sizes and claim numbers in each level has been derived.
openaire +2 more sources
MULTI-YEAR BONUS-MALUS SYSTEMS [PDF]
Wojciech Bijak, Piotr Dziel
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BAYESIAN ANALYSIS OF THE COMPOUND COLLECTIVE MODEL: THE NET PREMIUM PRINCIPLE WITH EXPONENTIAL POISSON AND GAMMA–GAMMA DISTRIBUTIONS [PDF]
This article develops a Bayesian analysis of the Compound Collective Model utilizing the Net Premium Principle, considering single-period models. With respect to likelihoods, we used a Poisson distribution for the number of claims and an Exponential ...
A.Hernández-Bastida +2 more
core
Optimal claim behaviour for vehicle damage insurances [PDF]
In this paper we analyse the optimal claim behaviour of a risk sensitive policy holder having a vehicle damage insurance. It is proved that the optimal decision is of the form: to claim for damages only if its amount exceeds a certain limit. Moreover, we
Dellaert, N.P. +2 more
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Scénarios de régulation décentralisée des prélèvements agricoles en eau souterraine : une évaluation participative dans le bassin du Clain [PDF]
[Departement_IRSTEA]Eaux [TR1_IRSTEA]GEUSILa loi sur l’eau de 2006 prévoit l’établissement d’Organismes Uniques de Gestion Collective (OUGC) chargés de répartir la ressource en eau entre irrigants.
Figureau, A.G. +2 more
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Performance Pay in Hospitals: An Experiment on Bonus-Malus Incentives. [PDF]
Kairies-Schwarz N, Souček C.
europepmc +1 more source
Differential coding of goals and actions in ventral and dorsal corticostriatal circuits during goal-directed behavior. [PDF]
Tang H +3 more
europepmc +1 more source
A hazai mezőgazdaság időjárási kockázatainak hatása a kistérségi biztosítási költségekre és hozamszintekre = The effects of weather risks on micro-regional insurance costs and yields in Hungarian agriculture [PDF]
A hazai mezőgazdaság időjárási kockázatainak hatása a kistérségi biztosítási költségekre és hozamszintekre c. kutatásukban a szerzők azt vizsgálták meg, hogy milyen területi eltérések lehetnek az egyes veszélynemek, mint az aszály, a felhőszakadás és a ...
Felkai, Beáta Olga +2 more
core
The Michigan Farmworker Project: A Community-Based Participatory Approach to Research on Precarious Employment and Labor Exploitation of Farmworkers. [PDF]
Iglesias-Rios L +4 more
europepmc +1 more source
A solution set for fine games [PDF]
Bumb and Hoede have shown that a cooperative game can be split into two games, {\it the reward game} and {\it the fine game}, by considering the sign of quantities $c_S^v$ in the c-diagram of the game.
Hoede, C., Sun, H., Xu, G.
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