Quantifying Uncertainty of Insurance Claims Based on Expert Judgments
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Leung, Siu Fai, 1994.
"Uncertain Lifetime, the Theory of the Consumer, and the Life Cycle Hypothesis,"
Econometrica, Econometric Society, vol. 62(5), pages 1233-1239, September.
- Leung, S.F., 1992. "Uncertain Lifetime, the Theory of the Consumer, and the Life Cycle Hypothesis," RCER Working Papers 323, University of Rochester - Center for Economic Research (RCER).
- Menahem E. Yaari, 1965. "Uncertain Lifetime, Life Insurance, and the Theory of the Consumer," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(2), pages 137-150.
- Eckstein, Zvi & Eichenbaum, Martin & Peled, Dan, 1985. "Uncertain lifetimes and the welfare enhancing properties of annuity markets and social security," Journal of Public Economics, Elsevier, vol. 26(3), pages 303-326, April.
- Garthwaite, Paul H. & Kadane, Joseph B. & O'Hagan, Anthony, 2005. "Statistical Methods for Eliciting Probability Distributions," Journal of the American Statistical Association, American Statistical Association, vol. 100, pages 680-701, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ben J. Heijdra & Jochen O. Mierau, 2009. "Annuity Market Imperfection, Retirement and Economic Growth," CESifo Working Paper Series 2717, CESifo.
- repec:dau:papers:123456789/5369 is not listed on IDEAS
- Drouhin, Nicolas, 2015.
"A rank-dependent utility model of uncertain lifetime,"
Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 208-224.
- Nicolas Drouhin, 2015. "A rank-dependent utility model of uncertain lifetime," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01238589, HAL.
- Nicolas Drouhin, 2015. "A rank-dependent utility model of uncertain lifetime," Post-Print halshs-01238589, HAL.
- Pliska, Stanley R. & Ye, Jinchun, 2007. "Optimal life insurance purchase and consumption/investment under uncertain lifetime," Journal of Banking & Finance, Elsevier, vol. 31(5), pages 1307-1319, May.
- Jason S. Scott & John B. Shoven & Sita N. Slavov & John G. Watson, 2022.
"Is automatic enrollment consistent with a life cycle model?,"
Economic Inquiry, Western Economic Association International, vol. 60(1), pages 9-20, January.
- Jason Scott & John B. Shoven & Sita Slavov & John G. Watson, 2021. "Is Automatic Enrollment Consistent with a Life Cycle Model?," NBER Working Papers 28396, National Bureau of Economic Research, Inc.
- Laurence J. Kotlikoff & John B. Shoven & Avia Spivak, 1987.
"Annuity Markets, Savings, and the Capital Stock,"
NBER Chapters, in: Issues in Pension Economics, pages 211-236,
National Bureau of Economic Research, Inc.
- Laurence J. Kotlikoff & John B. Shoven & Avia Spivak, 1983. "Annuity Markets, Savings, and the Capital Stock," NBER Working Papers 1250, National Bureau of Economic Research, Inc.
- Shesshinski, Eytan, 2006. "Longevity and Aggregate Savings," MPRA Paper 55165, University Library of Munich, Germany, revised Mar 2007.
- Arnaud Van Bellingen, 2007. "Quelles perspectives de développement pour le marché des annuités?," CREPP Working Papers 0701, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
- Sau‐Him Paul Lau & Qilin Zhang, 2023. "A common thread linking the design of guarantee and nonescalating payments of public annuities," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 90(3), pages 703-742, September.
- Erin Cottle Hunt & Frank N. Caliendo, 2022. "Social security and risk sharing: A survey of four decades of economic analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 36(5), pages 1591-1609, December.
- Raj Chetty & Amy Finkelstein, 2012.
"Social Insurance: Connecting Theory to Data,"
NBER Working Papers
18433, National Bureau of Economic Research, Inc.
- Chetty, Nadarajan & Finkelstein, Amy Nadya, 2013. "Social Insurance: Connecting Theory to Data," Scholarly Articles 34330197, Harvard University Department of Economics.
- Julien Hugonnier & Florian Pelgrin, 2013.
"Health and (Other) Asset Holdings,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(2), pages 663-710.
- Julien Hugonnier & Florian Pelgrin & Pascal St-Amour, 2009. "Health and (other) Asset Holdings," Swiss Finance Institute Research Paper Series 09-18, Swiss Finance Institute.
- Huang, Huaxiong & Milevsky, Moshe A. & Salisbury, Thomas S., 2012.
"Optimal retirement consumption with a stochastic force of mortality,"
Insurance: Mathematics and Economics, Elsevier, vol. 51(2), pages 282-291.
- Huaxiong Huang & Moshe A. Milevsky & Thomas S. Salisbury, 2012. "Optimal retirement consumption with a stochastic force of mortality," Papers 1205.2295, arXiv.org.
- de-Paz, Albert & Marín-Solano, Jesús & Navas, Jorge & Roch, Oriol, 2014.
"Consumption, investment and life insurance strategies with heterogeneous discounting,"
Insurance: Mathematics and Economics, Elsevier, vol. 54(C), pages 66-75.
- Albert de-Paz & Jesus Marin-Solano & Jorge Navas & Oriol Roch, 2012. "Consumption, investment and life insurance strategies with heterogeneous discounting," Working Papers in Economics 277, Universitat de Barcelona. Espai de Recerca en Economia.
- Schunk Daniel, 2009. "What Determines Household Saving Behavior: An Examination of Saving Motives and Saving Decisions 06.01.2009," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(4), pages 467-491, August.
- Johann K. Brunner & Susanne Pech, 2006.
"Adverse selection in the annuity market with sequential and simultaneous insurance demand,"
The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 31(2), pages 111-146, December.
- Johann Brunner & Susanne Pech, 2006. "Adverse selection in the annuity market with sequential and simultaneous insurance demand," The Geneva Papers on Risk and Insurance Theory, Springer;International Association for the Study of Insurance Economics (The Geneva Association), vol. 31(2), pages 111-146, December.
- Johann K. Brunner & Susanne Pech, 2002. "Adverse selection in the annuity market with sequential and simultaneous insurance demand," Economics working papers 2002-04, Department of Economics, Johannes Kepler University Linz, Austria.
- Johann K. Brunner & Susanne Pech, 2002. "Adverse Selection in the Annuity Market with Sequential and Simultaneous Insurance Demand," CESifo Working Paper Series 783, CESifo.
- R. Glenn Hubbard, 1987.
"Uncertain Lifetimes, Pensions, and Individual Saving,"
NBER Chapters, in: Issues in Pension Economics, pages 175-210,
National Bureau of Economic Research, Inc.
- R. Glenn Hubbard, 1984. "Uncertain Lifetimes, Pensions, and Individual Saving," NBER Working Papers 1363, National Bureau of Economic Research, Inc.
- Sergi Jiménez-Martín & Alfonso R. Sánchez Martín, 2007.
"An evaluation of the life cycle effects of minimum pensions on retirement behavior,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(5), pages 923-950.
- Sergi Jiménez-Martín & Alfonso R. Sánchez, 2003. "An evaluation of the life-cycle effects of minimum pensions on retirement behavior," Economics Working Papers 715, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2006.
- Alfonso R. Sánchez-Martin & Sergi Jiménez-MartÃn, 2015. "An evaluation of the life-cycle effects of minimum pensions on retirement behavior," Working Papers 108, Barcelona School of Economics.
- Torben M. Andersen, 2024. "Hedging mortality risk over the life‐cycle—The role of information and borrowing constraints," Economic Inquiry, Western Economic Association International, vol. 62(4), pages 1449-1466, October.
- R. Glenn Hubbard, 1984. "'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock," NBER Working Papers 1430, National Bureau of Economic Research, Inc.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2015.
"Optimal choice of health and retirement in a life-cycle model,"
Journal of Economic Theory, Elsevier, vol. 158(PA), pages 186-212.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2011. "Optimal Choice of Health and Retirement in a Life-Cycle Model," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48681, Verein für Socialpolitik / German Economic Association.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2012. "Optimal choice of health and retirement in a life-cycle model," ECON WPS - Working Papers in Economic Theory and Policy 01/2012, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
More about this item
Keywords
expert judgment; elicitation; statistical distribution; prior distribution; life insurance;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:13:y:2025:i:2:p:245-:d:1565973. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.