Utility and ruin probability relationship through premium equivalence
Utility is a satisfaction received from consuming a commodity or service. Ruin probability is the probability that an insurer's surplus will fall below zero for a certain period of time. While many researches have focused on the pricing of insurance premium using the concept of utility function...
| הוצא לאור ב: | UP Los Baños Journal Vol. XIII (Jan. 2015 - Dec. 2015), 67-80 |
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| פורמט: | Article |
| שפה: | English |
| יצא לאור: |
2015
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| נושאים: |