| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5076529 | Insurance: Mathematics and Economics | 2015 | 10 Pages |
Abstract
Further, stochastic order relations are employed to identify the minimal representation. It is shown that the premium principles in the minimal representation are extremal with respect to the order relations. The tools are finally employed to explicitly provide the minimal representation for premium principles, which are important in actuarial practice.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Alois Pichler, Alexander Shapiro,