• Title of article

    Properties of the power family of fractional age approximations

  • Author/Authors

    Frostig، نويسنده , , Esther، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    9
  • From page
    163
  • To page
    171
  • Abstract
    We derive some properties of the power family of fractional age approximations introduced by Jones and Mereu [Insur.: Math. Econ. 27 (2000) 261; Insur.: Math. Econ. 30 (2002) 363]. The different approximations are compared with respect to stochastic ordering. We also compare the power approximations with the unknown life survival function.
  • Keywords
    Force of Mortality , Balducci approximation , Power approximation , Linear approximation , Exponential approximation , stochastic ordering
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2003
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542642