ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
Markov chains is one of the stochastic processes that concerned to the the transfer of a state to another states with a period time. In actuarial, multiple lives model and policyholders behavior model are part of multiple state model. While multiple state model is implementation of Markov chains....
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/36129 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
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