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. Many researches focused on the pricing insurance premium using the concept of utility functions. Also some f...
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Format: | Thesis |
Language: | English |
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Quezon City
Institute of Mathematics, College of Science, University of the Philippines Diliman
2013.
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