The Lee-Carter model under Bayesian analysis : Markov Chain Monte Carlo simulation with WinBUGS.

Mortality improvement has become a significant concern in mortality projections because it directly affects the risk in life insurance business. As such, the Lee-Carter model that uses a stochastic framework is preferred against other deterministic models because of its allowance for the associated...

Full description

Saved in:
Bibliographic Details
Main Authors: Tan, Chong It., Lu, Xin., Chong, Zi Kent.
Other Authors: Li Ka Ki Jackie
Format: Final Year Project
Language:English
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10356/33720
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Be the first to leave a comment!
You must be logged in first