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Calculation of Premium with Consideration of Prehistory

Authors: Vetrova A.L. Published: 25.04.2014
Published in issue: #3(14)/2004  
DOI:

 
Category: Economic modeling  
Keywords:

A problem to grant a premium is discussed with consideration of the insurance agreement history. The problem solution is based on the randomization principle, according to which every agreement is supposed to be characterized by a certain random parameter.