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Decision Making Under Conflicting Criteria for Actuarial Assumptions: An Expected Utility Model
or losses. The actuary's "best estimate" of C is u in that the actuary believes that, if C ~ is defined ... The actuary's utility function can be denoted U(W-p, [(~-C[,r), where W represents his or her wealth ...- Authors: Arnold Shapiro, Lisa Lipowski Posey
- Date: Jan 1995
- Competency: Professional Values>Practice expertise; Strategic Insight and Integration>Effective decision-making
- Publication Name: Actuarial Research Clearing House
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Management skills
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Zen Actuary 9: Patience in Healing
Zen Actuary 9: Patience in Healing The latest installment in a series that applies Buddhist principles ... particular installment focuses on the author's recent experience in recovering from serious injury ...- Authors: Richard J Lauria
- Date: Aug 2016
- Competency: Leadership>Change management; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Effective decision-making
- Publication Name: The Stepping Stone
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Management skills
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Four Steps to Accountability
self-protection (cover your tail), and wait and see. The table below, derived from a study by accountability train- ... categories that are heard most by managers: TABLE 1: BELOW-THE-LINE PHRASES IGNORE/DENY NOT MY JOB: ...- Authors: Olavo Jose Quadros de Linhares
- Date: Nov 2016
- Competency: Professional Values>Practice expertise; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Effective decision-making
- Publication Name: Reinsurance News
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Competencies; Actuarial Profession>Management skills; Actuarial Profession>Professional development