Description: A mathematical framework for benefits and choices must be created to model benefit selection. This paper creates such a framework by defining benefit plans as reimbursement functions. These are then used with a defined choice function to calculate the cost deviation due to selection. Finally, utility functions can be applied to this framework to predict choice.

Description: It has been twenty years since DeWit 1982 first applied fuzzy logic FL to insurance. That article sought to quantify the fuzziness in underwriting. Since then, the universe of discourse has expanded considerably and now the FL methodologies include used fuzzy set theory, fuzzy numbers and fuzzy arithmetic, fuzzy inference systems, fuzzy clustering algorithms, fuzzy linear programming, fuzzy regression, and hybrids involving other soft computing technologies. This article presents an overview of these studies.

Description: This article describes the Actuarial Research Clearinghouse [ARCH] CD-ROM Project whereby the highlights of each Actuarial Research Conference [ARC] presentation are videotaped and then digitized and recorded on a CD-ROM. This disk is then used to develop a computer-based, user-friendly, multimedia summary of the highlights of ARC.

Description: This paper gives an overview of fuzzy optimization, presents applications of fuzzy optimization and investigates ways to extend the methodology to risk assessment.

Description: The purpose of this article is to provide an overview of soft computing applications in actuarial science. Soft computing refers to modes of computing in which precision is traded for tractability, robustness and ease of implementation.

Description: This people provides a derivation of continuous and curtate inequalities of life contingent functions and shows how the proofs of the continuous inequalities are of an entirely different nature from the usual proofs for the curtate inequalities Followed by discussion papers submitted by several authors

Description: The authors have been involved with the development of an economically unbiased model for the distribution of pension benefits in divorce. While the research is not completed, it was felt that some of their findings and insights might be of interest to the actuarial community. In view of this, the purpose of this article is to: 1. Present the findings of the authors with respect to their review of major court cases, and 2. Identify major actuarial issues which are as yet unresolved. From Actuarial Research Clearing House 1990, Vol. 1.

Description: Editors' comments regarding the editorial policy of the ARCH which is an informal communication platform regarding current actuarial research which the Committee for Research on Theory and Applications of the Society of Actuaries offers to members and friends of the actuarial community. From the Actuarial Research Clearing House 1991, Vol.1.

Description: This article comments on the editorial policies of the Actuarial Research Clearing House publication. ARCH 1993 Vol 2

Description: 1993 SOA Spring Meeting, San Diego. In this session three panelists related recent personal experiences with respect to emerging trends in hardware, software, and methodologies.