In insurance, credibility theory (CT) is used to develop a weighted average of the claims experience of an individual contract and the experience for the whole portfolio, where the weight factor is the credibility attached to the individual experience. Recently, Liu and Liu (2002) and Liu (2007), in the study of the behavior of fuzzy phenomena, formulated an alternate version of credibility the...

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The operational effectiveness of the weapon systems is usually evaluated by the reasonable simulation results. But it is difficult to measure and evaluate the credibility of the simulation data source. An evaluation indices system of the credibility for the simulation data source is built up. A set of quantitative evaluation rules are set up based on the experts’ judgments and the fuzzy express...

J&MC Quarterly Vol. 73, No. 4 Winter 1996 974-99J m997AEJMC Although source credibility's importance in communication, particularly in persuasion, is well documented, audience processes in assessing source credibility and the resulting impact are inadequately specified. We hypothesize message quality will have direct effects and mediate partially the effects of initial credibility assessments o...

Abstract The classical credibility theory is a cornerstone of experience rating, especially in the field property and casualty insurance. An obstacle to putting into practice conversion available prior information precise choice crucial hyperparameters. In most real-world applications, necessary justify lacking, so we propose an imprecise estimator that honestly acknowledges imprecision hyperpa...