| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7354784 | Insurance: Mathematics and Economics | 2018 | 10 Pages |
Abstract
One reason why an independent claim amounts assumption underlies classic risk models is because it simplifies calculations. As an alternative, this paper investigates the dependence structure via the Farlie-Gumbel-Morgenstern (FGM) Copula and its interpretation given a fuzzy logic approach for claim amounts arising from a Pareto distribution.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Sibel Acik Kemaloglu, Arnold F. Shapiro, Fatih Tank, Aysen Apaydin,