Tsallis Entropy for Loss Models and Survival Models Involving Truncated and Censored Random Variables

Tsallis Entropy for Loss Models and Survival Models Involving Truncated and Censored Random Variables

The aim of this paper consists in developing an entropy-based approach to risk assessment for actuarial models involving truncated and censored random variables by using the Tsallis entropy measure. The effect of some partial insurance models, such as inflation, truncation and censoring from above a...

Full description

Bibliographic Details
Main Authors: Vasile Preda, Silvia Dedu, Iuliana Iatan, Ioana Dănilă Cernat, Muhammad Sheraz
Format: Article
Language:English
Published: MDPI AG 2022-11-01
Series:Entropy
Subjects:
Tsallis entropy measures
risk assessment
survival models
loss models
truncation
censoring
Online Access:https://www.mdpi.com/1099-4300/24/11/1654

Internet

https://www.mdpi.com/1099-4300/24/11/1654

Similar Items