Flaig, Solveig; Junike, Gero - In: European Actuarial Journal 14 (2024) 3, pp. 1013-1019
principles are prevalent: one-at-a-time (OAT), sequential updating (SU) and average sequential updating (ASU) decompositions. In … significant unexplained P &L and that the SU decompositions depends significantly on the order or labeling of the risk factors. On …