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Persistent link: https://www.econbiz.de/10014306892
We derive in a straightforward manner and through a unified framework the main known results related to the estimation of the ultimate prediction uncertainty within the famous Mack's distribution-free chain-ladder model, specifically, the Mack and BBMW formulas, and explain the deviation between...
Persistent link: https://www.econbiz.de/10013235368