Calculation of Premium with Consideration of Prehistory
Authors: Vetrova A.L. | Published: 25.04.2014 |
Published in issue: #3(14)/2004 | |
DOI: | |
Category: Economic modeling | |
Keywords: |
A problem to grant a premium is discussed with consideration of the insurance agreement history. The problem solution is based on the randomization principle, according to which every agreement is supposed to be characterized by a certain random parameter.