Panjer Class Revisited : One Formula for the Distributions of the Panjer (a,b,n) Class

The loss count distributions whose probabilities ultimately satisfy Panjer’s recursion were classified between 1981 and 2002; they split into six types, which look quite diverse. Yet, the distributions are closely related – we show that their probabilities emerge out of one formula: the Binomial series. Further we propose a parameter change that leads to very intuitive representations of the distributions and their parameter space

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Year of publication:	[2021]
Authors:	Fackler, Michael
Publisher:	[S.l.] : SSRN

Extent:	1 Online-Ressource (17 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 26, 2021 erstellt
Other identifiers:	10.2139/ssrn.3813246 [DOI]
Classification:	c46 ; G22 - Insurance; Insurance Companies ; C24 - Truncated and Censored Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013234160