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On The Application Of Stochastic Order To The Multiple Life Insurance

Posted on:2006-04-18Degree:MasterType:Thesis
Country:ChinaCandidate:S K XiaoFull Text:PDF
GTID:2120360152993022Subject:Probability theory and mathematical statistics
Abstract/Summary:PDF Full Text Request
Multiple life insurance is very important in actuary. The joint-life status and the last-survivor status are two special cases. Stochastic order and inequalities are being used at an accelerated rate in many areas, such as insurance mathematics, statistical physics,reliability theory, queue theory, etc.In last chapter, we showed the ordering relationship of the residual life between multiple life insurance and the individuals assuming the individuals are independent and identically distributed, we also showed the ordering relationship of the inactive time between the multiple life insurance and the individuals assuming the individuals are i.i.d. Then, we assume the individual are independent but not identically distributed and we get the other ordering relationships between the multiple life and individuals...
Keywords/Search Tags:residual life, inactive time, stochastic order, joint-life status, last-survivor status
PDF Full Text Request
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