Results 61 to 70 of about 6,133 (181)
Benchmarking and Regulation of Electricity Transmission and Distribution Utilities: Lessons from International Experience [PDF]
, 2004 Since the early 1980's, many countries have implemented electricity sector reform, many of which have bundled generation, transmission, distribution and supply activities, and have introduced competition in generation and supply. An increasing number
Jamasb, Tooraj, Pollitt, Michael G.
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Bayesian multivariate Poisson models for insurance ratemaking [PDF]
Insurance: Mathematics and Economics, 2011 When actuaries face the problem of pricing an insurance contract that contains different types of coverage, such as a motor insurance or a homeowner's insurance policy, they usually assume that types of claim are independent. However, this assumption may not be realistic: several studies have shown that there is a positive correlation between types of ...
Bermúdez, Lluís, Karlis, Dimitris
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Market Allocation in the Health Insurance Industry and the McCarran- Ferguson Act [PDF]
, 2011 30 p.This Article examines the scope of the McCarran-Ferguson Act under existing Supreme Court precedent and reviews the sparse case law addressing the MFA’s applicability to market allocation schemes in the insurance industry, including the Blue ...
Stutz, Randy
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New techniques in railroad ratemaking.
, 1968 Recent events suggest that the marketing of railroad services, if some thing less than aggressive, is not wholly devoid of ideas to meet new competitive situations. Several significant departures from traditional ratemaking practices have been proposed, and, having been to a degree accepted by a more enlightened Commission, have stemmed diversion and ...
McCallum, George +2 more
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THE TRANS-MISSOURI CASE: DOES THE SHERMAN ACT APPLY TO THE RAILROADS?
Essays in Economic and Business History, 2003 In 1887, in answer to railroad abuses of monopoly power, Congress passed the Interstate Commerce Act, which created the Interstate Commerce Commission (ICC).
Michael Landry, Richard Stone
doaj
Asset Pricing Models and Insurance Ratemaking [PDF]
ASTIN Bulletin, 1990 AbstractThis paper provides an introduction to asset pricing theory and its applications in non-life insurance. The first part of the paper presents a basic review of asset pricing models, including discrete and continuous time capital asset pricing models (the CAPM and ICAPM), arbitrage pricing theory (APT), and option pricing theory (OPT). The second
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RisksIn the insurance literature, accurately predicting extreme losses has been a persistent and important problem. Recently, under the modelling framework of weighted distributions, several finite-mixture size-biased distributions, including size-biased ...
Taehan Bae, Jieun Kim, Jae Youn Ahn
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Actuarial Impacts of Loss Cost Ratio Ratemaking in U.S. Crop Insurance Programs [PDF]
This study examines the actuarial implications of the loss cost ratio (LCR) ratemaking methodology employed by the Risk Management Agency as a component of base rates for U.S.
Schnitkey, Gary D. +2 more
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A priori ratemaking using bivariate poisson regression models [PDF]
In automobile insurance, it is useful to achieve a priori ratemaking by resorting to generalized linear models, and here the Poisson regression model constitutes the most widely accepted basis. However, insurance companies distinguish between claims with
Lluis Bermúdez i Morata
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Mixture of bivariate Poisson regression models with an application to insurance [PDF]
In a recent paper Bermúdez [2009] used bivariate Poisson regression models for ratemaking in car insurance, and included zero-inflated models to account for the excess of zeros and the overdispersion in the data set. In the present paper, we revisit this
Dimitris Karlis, Lluís Bermúdez
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