DocumentCode
1679815
Title
Insurance pricing under uncertainty by means of distortion function
Author
Peng, Yi
Author_Institution
School of Economics and Management, Northwest University Xi´´an City, Shaanxi 710069, China
fYear
2011
Firstpage
1
Lastpage
4
Abstract
Premium calculation or insurance pricing under uncertainty is a prominent problem in actuarial science. In this paper we present the distortion premium calculation principle in uncertain environment. Firstly, we introduce the concept of distortion premium calculation principle based on uncertainty theory. Then, some fundamental properties of the proposed distortion premium calculation principle are investigated. Finally, some numerical examples are illustrated.
Keywords
Distortion measurement; Economics; Insurance; Mercury (metals); Pricing; Uncertainty; distortion function; insurance; insurance pricing; premium principle; uncertainty theory;
fLanguage
English
Publisher
ieee
Conference_Titel
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location
Shanghai, China
Print_ISBN
978-1-4244-8691-5
Type
conf
DOI
10.1109/ICEBEG.2011.5887111
Filename
5887111
Link To Document