Title of article
Semiparametric credibility ratemaking using a piecewise linear prior
Author/Authors
Huang، نويسنده , , Xiaowei and Song، نويسنده , , Lixin and Liang، نويسنده , , Yanchun، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
9
From page
585
To page
593
Abstract
A practical estimate on the credibility formula is presented, where a piecewise linear function is taken as the approximation of the prior distribution and applied to the credibility theory. The convergence of the approximation is analyzed. Simulation results for the lognormal–lognormal mixture show the effectiveness of the proposed estimate on the credibility.
Keywords
Credibility theory , Piecewise linear function , Bayesian estimation
Journal title
Insurance Mathematics and Economics
Serial Year
2003
Journal title
Insurance Mathematics and Economics
Record number
1542698
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