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  • Are Your Scenarios on Target?
    theoretical approach—chosen for tractability. The primary theo- retical approach uses the lognormal distribution ... accept- able, direct simulation of the hedging strategy becomes necessary. The primary simplifying assumption ...

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    • Authors: Application Administrator
    • Date: Aug 2005
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Risks & Rewards
    • Topics: Modeling & Statistical Methods>Stochastic models
  • Risks & Rewards Newsletter, August 2005, Issue No. 47
    taxes and employment related expenses (including day care). • The behavior might be irrational in the “effi- ... theoretical approach—chosen for tractability. The primary theo- retical approach uses the lognormal distribution ...

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    • Authors: Society of Actuaries, W Paul McCrossan, Michael J O'Connor, Steven Siegel, Joseph Koltisko, Application Administrator, Barry Freedman, Cees Dert
    • Date: Aug 2005
    • Publication Name: Risks & Rewards