Optimal bonus scales under path-dependent bonus rules

Scandinavian Actuarial Journal

Volumn 2002, Issue 2, 2002, Pages 129-136

  de Lourdes Centeno, Maria ^a   Silva, João Manuel Andrade E ^a  

^a NONE   (Portugal)

Author keywords

Bonus scales; Bonus systems; Markov chains

Indexed keywords

EID: 30344456816     PISSN: 03461238     EISSN: 16512030     Source Type: Journal    
DOI: 10.1080/03461230110106264     Document Type: Article

References (5)

1. Borgan, O., Hoem, J. M. & Norberg, R. (1981). A nonasymptotic criterion for the evaluation of automobile bonus systems. Scandinavian Actuarial Journal, 165-178.
2. Centeno, M. L. & Andrade e Silva, J. M. (2001). Bonus systems in an open portfolio. Insurance: Mathematics and Economics 28 (3), 341-350.
3. Gilde, V. & Sundt B. (1989). On bonus systems with credibility scales. Scandinavian Actuarial Journal 1, 13-22.
4. Lemaire, J. (1995). Bonus-malus systems in automobile insurance. Kluwer Academic Publishers, Boston: Dordrecht: London.
5. Norberg, R. (1976). A credibility theory for automobile bonus systems. Scandinavian Actuarial Journal 2, 92-107.