The speed at which many energy efficient technologies have been adopted has been very slow and the reasons why this is the case are often not well understood. An important area for New Zealand is domestic hot water which typically accounts for one-third of a household's electricity usage. We use...

The premium pricing process and the reserve stability under uncertainty are very challenging issues in the insurance industry. In practice, a premium which is sufficient enough to cover the expected claims and to keep stable the derived reserves is always required. This paper proposes a premium...