An Actuarial Approach for Modeling Pandemic Risk
In this article, a model for pandemic risk and two stochastic extensions is proposed. It is designed for actuarial valuation of insurance plans providing healthcare and death benefits. The core of our approach relies on a deterministic model that is an efficient alternative to the susceptible-infect...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-12-01
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| Series: | Risks |
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| Online Access: | https://www.mdpi.com/2227-9091/9/1/3 |