Year: 1989
Type: report
Abstract: For a risk whose annual claim amounts are conditionally i.i.d. with respect to a risk parameter, it is known that the Bayes and the credibility premiums are asymptotically optimal in terms of losses. In the present note it is shown that the Bayes and the credibility premiums actually converge to the individual premium.
Source: MADOC (University of Mannheim)
Author: Schmidt, Klaus D.
Language: English
Topic: Probability and Risk Models
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2279298656