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Actuarial Calculations Using a Markov Model
Actuarial Calculations Using a Markov Model This paper develops a general approach to actuarial calculations in applications that can be modeled as multi-state processes. Such situations arise ...- 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