one of the most challenging problems in our country insurance industry is the phenomenon of increase of loss pay average time by insurance companies. a lot of research and analysis have been conducted on both the roots and possible solutions for this problem, none of which has had success in annihilating it. this paper presents a discrete model ) nonlinear mathematical model ( of insurance serv...

In this paper we present a model which is, by construction, consistent with observed market quotes for standard CDO tranches. The model is closely related to implied tree methods which can be used for valuing exotic equity derivatives consistent with observed market quotes for vanilla European call and put options. Rather than modelling default events for each name in the basket, the total bask...

The goal of this report is to provide a model accurately predicting whether a worker’s compensation policy will suffer a large loss. Several models were created using statistical analysis and the final logistic regression model predicting client policies at risk for large losses is provided. This model is a two-factor logistic regression model accurately predicted the large loss outputs of 87.5...

the networked control system in modern control widely uses to decrease the implementation cost and increasing the performance. ncs in addition to its advantages is inevitable. nevertheless they suffer of some limitations and deficiencies. packet loss is one of the main limitations which affect the control system in different conditions and finally may lead to system instability. for this reason...

this paper aims to investigate the effect of budget deficit shock on government spending in indonesia. for this propose, this reasearch uses an alternative error correction model based on loss function of government spending. the model assumes the short run disequilibrium, in which shock variables may play an important role. a spesific loss function model is applied to develop the long run gove...