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Actuarial Calculations Using a Markov Model
that applies the approach to select and ultimate mortality. 1. INTRODUCTION 1.1 Background Some traditional ... EXAMPLE OF Two*STATE MODEL 2 Dead a simple life annuity, benefits are payable while the annuitant is in ...- Authors: Bruce Jones
- Date: Jan 1994
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods>Markov Chain