Business & Economics Books:

Fuzzy Set Theory with Applications in Claims Reserving

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$140.99 was $181.99
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Description

Actuaries working in claims reserving are often faced, among others, with the following two tasks: the prediction of future outstanding loss liabilities, as well as the quantification of their risk. Within claims reserving there exist various methods in which vagueness and subjective judgement is often not considered. A formal approach is given e.g. by fuzzy set theory. Besides an overview of applications of fuzzy set theory in claims reserving the author presents three ways of how subjective assessment can be implemented in the chain-ladder as well as the Bornhuetter Ferguson method.
Release date Australia
August 21st, 2017
Author
Audience
  • General (US: Trade)
Pages
214
Dimensions
148x210x11
ISBN-13
9783736995970
Product ID
35840012

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