A Generalized Theory of Credibility

Abstract
Casualty insurance actuaries and statisticians have used credibility factors for many years. They have been satisfied that the use of such a consistently conservative procedure produces much more practical results than any attempt to follow one hundred percent the indications of a limited volume of their statistics. The writer will attempt to show that they have been justified in their pragmatical outlook.
Volume
XXXII
Page
13-20
Year
1945
Categories
Financial and Statistical Methods
Credibility
Publications
Proceedings of the Casualty Actuarial Society
Authors
Arthur L Bailey