Andrés Sánchez, Jorge de - In: Risks : open access journal 12 (2024) 2, pp. 1-33
impairments must be considered. This study proposes modelling mortality and interest rates using a generalization of fuzzy numbers … (FNs), known as intuitionistic fuzzy numbers (IFNs). Consequently, this paper extends the literature on life contingency … pricing with fuzzy parameters, where uncertainty in variables, such as interest rates and death probabilities, is modelled …