Tomas, Julien; Planchet, Frédéric - In: Insurance: Mathematics and Economics 52 (2013) 3, pp. 573-589
We are interested in modeling the mortality of long-term care (LTC) claimants having the same level of severeness (heavy claimant). Practitioners often use empirical methods that rely heavily on expert opinions. We propose approaches not depending on an expert’s advice. We analyze the...