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  • Search: subject:"log-normal sum approximation"
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Automobile insurance 1 Bayes-Statistik 1 Bayesian inference 1 Bayesian nonparametric model 1 Insurance 1 Kfz-Versicherung 1 Nichtparametrisches Verfahren 1 Nonparametric statistics 1 Statistical distribution 1 Statistische Verteilung 1 Theorie 1 Theory 1 Versicherung 1 aggregate insurance claims 1 clustering 1 generative model 1 heterogeneity 1 latent class 1 log-normal sum approximation 1 missing at random 1
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Article in journal 1 Aufsatz in Zeitschrift 1
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English 1
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Bezbradica, Marija 1 Crane, Martin 1 Kim, Minkun 1 Lindberg, David 1
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Econometrics : open access journal 1
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Dirichlet process log skew-normal mixture with a missing-at-random-covariate in insurance claim analysis
Kim, Minkun; Lindberg, David; Crane, Martin; … - In: Econometrics : open access journal 11 (2023) 4, pp. 1-32
In actuarial practice, the modeling of total losses tied to a certain policy is a nontrivial task due to complex distributional features. In the recent literature, the application of the Dirichlet process mixture for insurance loss has been proposed to eliminate the risk of model...
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