Description: This abstract describes a paper that investigates the effect of ambiguity on the market for insurance when preferences are ordered by comparison of Choquet expected utilities.

Description: This abstract describes a paper that improves upon current multivariate statistical models for predicting the pre-payment rate of reverse mortgages, which are heavily data-driven. The prosposed model extends a semi-Markovian joint-life mortality model to incorporate three main termination modes of reverse mortgages: death, long-term care LTC entry, and non-health related termination.