Work

Premium Calculation Based on Physical Principles

Year: 2004
Type: preprint
Abstract: We consider the concept of equilibrium in economic systems from statistical mechanics viewpoint. A new method is suggested for computing the premium on this basis. The Bühlmann economic premium principle is derived as a special case of our method.
Language: English
Open Access status: green
OpenAlex ID: W1543349333
Cites: 2
Cited by: 3
Related to: 20