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

• المؤلفون الرئيسيون: Tan, Chong It., Lu, Xin., Chong, Zi Kent.
• مؤلفون آخرون: Li Ka Ki Jackie
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2010
• الموضوعات: DRNTU::Business
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/33720
• المؤسسة: Nanyang Technological University

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...