On the Roles of Exposure Number in the Classical Credibility Theory
AbstractUsing the perturbation in the 1/N,M as the exposure number, the leading correction to the claim number in the Longley-Cook theory is obtained. It is found that the correction term can not be neglected for common situations.
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Bibliographic InfoArticle provided by Western Risk and Insurance Association in its journal Journal of Insurance Issues.
Volume (Year): 14 (1991)
Issue (Month): 1 ()
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