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Contingent Claims Valuation of 'Greater of' Benefits
Contingent Claims Valuation of 'Greater of' Benefits Pension funds are usually ... current values of the state variables. A more direct alternative approach is to use the contingent claim ...- Authors: Michael Sherris
- Date: Jan 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Pensions & Retirement>Hybrid plans