Publicação
Bonus systems in an open portfolio
| dc.contributor.author | Centeno, Maria de Lourdes | |
| dc.contributor.author | Silva, João Andrade e | |
| dc.date.accessioned | 2023-04-11T18:45:24Z | |
| dc.date.available | 2023-04-11T18:45:24Z | |
| dc.date.issued | 2001 | |
| dc.description.abstract | In this paper, we study bonus systems in an open portfolio, i.e. we consider that a policyholder can transfer his policy to a different insurance company at any time. We make use of inhomogeneous Markov chains to model the system and show, under reasonable assumptions, that the stationary distribution is independent of the market shares, and is easily calculated. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Centeno, Maria de Lourdes and João Andrade e Silva .(2001). “Bonus systems in an open portfolio”. Insurance: Mathematics and Economics, Vol. 28, No. 3: pp. 341–350. (Search PDF in 2023) | pt_PT |
| dc.identifier.issn | 0167-6687 | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/27615 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | Elsevier | pt_PT |
| dc.subject | Bonus Systems | pt_PT |
| dc.subject | Markov Chains | pt_PT |
| dc.subject | Stationary Distribution | pt_PT |
| dc.title | Bonus systems in an open portfolio | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | article | pt_PT |