A Practical Guide to the Single Parameter Pareto Distribution [Discussion]

Once again, Steve Philbrick has taken a concept which makes many actuaries feel uncomfortable and, through lucid writing and clear examples, made it available to all who take the time to read him. Prior to Mr. Philbrick's paper, fitting size of loss distributions has been a tool primarily available only to the "pure actuary." This guide to the Pareto distribution provides all actuaries access to a powerful means of analysis. The strength of this tool is matched only by its simplicity as presented by Mr. Philbrick.