Physical Premium Principle: A New Way for Insurance Pricing
Abstract: In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our met...
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| Format: | Article |
| Language: | English |
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MDPI AG
2005-02-01
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| Series: | Entropy |
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| Online Access: | http://www.mdpi.com/1099-4300/7/1/97/ |