Results 71 to 80 of about 5,158 (183)
Bonus-Malus System Using Finite Mixture Models
Statistics, Optimization & Information Computing, 2017 There is a vast literature on Bonus-Malus System (BMS), in which a policyholders responsible for positive claims will be penalised by a malus and the policyholders who had no claim will be rewarded by a bonus. In this paper, we present an optimal BMS using finite mixture models.
Saeed MohammadPour +2 more
openaire +2 more sources
Journal of Mathematics, Volume 2025, Issue 1, 2025.This study explores the key issues in the construction of short‐video network ecology, focusing on the strategic interaction between regulatory agencies and short‐video creation platforms, which is a key aspect to achieve efficient cyberspace governance.
Chuanqi Wu +7 more
wiley +1 more source
New financial order : recommendations by the Issing Committee ; preparing G-20 – Washington, November 15, 2008 [PDF]
, 2009 Content New Financial Architecture (Short Version) 1. Purpose of the paper – causes of the crisis 2. Recommendations 2.1. Incentives 2.2. Transparency 2.3. Regulation and Supervision 2.4. International Institutions 3.
Asmussen, Jörg +5 more
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The future of securitization [PDF]
, 2008 Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovations before. This paper analyzes possible reasons for the breakdown of primary and secondary securitization markets, and argues that misaligned incentives ...
Franke, Günter, Krahnen, Jan Pieter
core +2 more sources
Commitment and Lapse Behavior in Long-Term Insurance: A Case Study [PDF]
, 2011 International audienceThis paper presents a case study of a portfolio of individual long-term insurance contracts sold by a Spanish mutual company.
Ayuso, Mercedes +2 more
core +4 more sources
A Comparison of Several Bonus Malus Systems
Procedia Economics and Finance, 2015 AbstractThe paper deals with the automobile third party liability insurance and several bonus malus system are compared in it on the basis of Loimaranta efficiency. Very important task for actuary is creating rating system that will fairly distributed the burden of claims among policyholders. For these purposes, most insurance companies use generalized
openaire +1 more source
Separating Moral Hazard from Adverse Selection and Learning in Automobile Insurance: Longitudinal Evidence from France [PDF]
The identification of information problems in different markets is a challenging issue in the economic literature. In this paper, we study the identification of moral hazard from adverse selection and learning within the context of a multi-period dynamic
Georges Dionne +2 more
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How the Green Architecture of the 2023-2027 Common Agricultural Policy could have been greener. [PDF]
Ambio, 2023 Guyomard H +7 more
europepmc +1 more source
On the Convergence Rate of Bonus-Malus Systems [PDF]
ASTIN Bulletin, 1992 AbstractUnder certain conditions, a Bonus-Malus system can be interpreted as a Markov chain whose n-step transition probabilities converge to a limit probability distribution. In this paper, the rate of the convergence is studied by means of the eigenvalues of the transition probability matrix of the Markov chain.
openaire +1 more source
Is the Market Classification of Risk Always Efficient? - Evidence from German Third Party Motor Insurance [PDF]
The efficiency of market-determined risk classification in automobile insurance is a lasting matter of controversy. It can be traced back to the 1950s (Muir, 1957) and received broad economic attention in the 1980s when spiralling car insurance premiums ...
Reimund Schwarze, Thomas Wein
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