In this paper we extend the classical chain-ladder claims reserving method using fuzzy methods. Therefore, we derive new estimators for the claims development factors as well as new predictors for the ultimate claims. The advantage in using fuzzy numbers lies in the fact that the model...

In this paper we extend the classical chain-ladder claims reserving method using fuzzy methods. Therefore, we derive new estimators for the claims development factors as well as new predictors for the ultimate claims. The advantage in using fuzzy numbers lies in the fact that the model...

Actuaries working in claims reserving are often faced, among others, with the following two tasks: the prediction of future outstanding loss liabilities, as well as the quantification of their risk. Within claims reserving there exist various methods in which vagueness and subjective judgement...

In areas torn by war and violence, effective education can prepare the next generation for a productive life, heal psychological wounds, prevent cyclical violence, and achieve peace. "From Bullets to Blackboards" profiles ten exemplary education programs in Latin America and Asia, presenting...

In areas torn by war and violence, effective education can prepare the next generation for a productive life, heal psychological wounds, prevent cyclical violence, and achieve peace. "From Bullets to Blackboards" profiles ten exemplary education programs in Latin America and Asia, presenting...

This paper considers the algorithmic implementation of the heteroskedasticity and autocorrelation consistent (HAC) estimation problem for covariance matrices of parameter estimators. We introduce a new algorithm, mainly based on the fast Fourier transform, and show via computer simulation that...