Calculation of optimum premium values
نویسندگان
چکیده
The present paper deals with optimizing the maximum premium values using Hamiltonian-Jacobi-Bellamann equation. Here it is considering that quadratic and fractional power utility functions for different loss distributions of discrete analogues continuous distributions. It has seen function more beneficial to insured insurer. Numerical illustrations these two are given.
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ژورنال
عنوان ژورنال: International journal of statistics and applied mathematics
سال: 2023
ISSN: ['2456-1452']
DOI: https://doi.org/10.22271/maths.2023.v8.i3c.1037