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The generalized index of maximum and minimum level and its application in decision making [PDF]

open access: yes
The index of maximum and minimum level is a very useful technique, especially for decision making, which uses the Hamming distance and the adequacy coefficient in the same problem. In this paper, we suggest a generalization by using generalized and quasi-
Jose M. Merigo Lindahl   +1 more
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Forecasting the maximum compensation offer in the automobile BI claims negotiation proces. [PDF]

open access: yes
Most motor bodily injury (BI) claims are settled by negotiation, with fewer than 5% of cases going to court. A well-defined negotiation strategy is thus very useful for insurance companies.
Miguel Santolino, Mercedes Ayuso
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