IDEAS home Printed from https://ideas.repec.org/a/bot/rivsta/v66y2006i1p77-84.html
   My bibliography  Save this article

Actuarial values calculated using the incomplete Gamma function

Author

Listed:
  • Giovanni Mingari Scarpello

    (Facoltà di Economia -Libera Università di Bolzano)

  • Daniele Ritelli

    (Dipartimento di matematica per le scienze economiche e sociali -Università di Bologna)

  • Dario Spelta

Abstract

The complete expectation-of-life for a person and the actuarial present value of continuous life annuities are defined by integrals. In all of them at least one of the factors is a survival function value ratio. If de Moivre’s law of mortality is chosen, such integrals can easily be evaluated; but if the Makeham survival function is adopted, they are used to be calculated numerically. For the above actuarial figures, closed form integrations are hereafter provided by means of the incomplete Gamma function.

Suggested Citation

  • Giovanni Mingari Scarpello & Daniele Ritelli & Dario Spelta, 2006. "Actuarial values calculated using the incomplete Gamma function," Statistica, Department of Statistics, University of Bologna, vol. 66(1), pages 77-84.
    • Handle: RePEc:bot:rivsta:v:66:y:2006:i:1:p:77-84
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bot:rivsta:v:66:y:2006:i:1:p:77-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Giovanna Galatà (email available below). General contact details of provider: https://edirc.repec.org/data/dsbolit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.