Abstract
One of the basic problems in life is: Given information (from the past), make decisions (that will affect the future). One of the classical actuarial examples is the adaptive ratemaking (or credibility) procedures ; here the premium of a given risk is sequentially adjusted, taking into account the claims experience available when the decisions are made.
Volume
9:1-2
Page
125-138
Year
1977
Categories
Financial and Statistical Methods
Credibility
Actuarial Applications and Methodologies
Ratemaking
Publications
ASTIN Bulletin
