메뉴 건너뛰기




Volumn 52, Issue 8, 2006, Pages 1258-1272

Modeling the "pseudodeductible" in insurance claims decisions

Author keywords

Dirichlet process priors; Duration models; Insurance claims; Semiparametric Bayesian statistics; Underreporting

Indexed keywords

DIRICHLET PROCESS PRIORS; DURATION MODELS; INSURANCE CLAIMS; SEMIPARAMETRIC BAYESIAN STATISTICS; UNDERREPORTING;

EID: 33748298838     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1060.0517     Document Type: Article
Times cited : (25)

References (45)
  • 1
    • 0000708831 scopus 로고
    • Mixtures of Dirichlet processes with applications to nonparametric problems
    • Antoniak, C. E. 1974. Mixtures of Dirichlet processes with applications to nonparametric problems. Ann. Statist. 2(4) 1152-1174.
    • (1974) Ann. Statist. , vol.2 , Issue.4 , pp. 1152-1174
    • Antoniak, C.E.1
  • 2
    • 0002626084 scopus 로고    scopus 로고
    • Customer lifetime value: Marketing models and applications
    • Berger, P. D., N. I. Nasr. 1998. Customer lifetime value: Marketing models and applications. J. Interactive Marketing 12(1) 17-30.
    • (1998) J. Interactive Marketing , vol.12 , Issue.1 , pp. 17-30
    • Berger, P.D.1    Nasr, N.I.2
  • 4
    • 0003617159 scopus 로고    scopus 로고
    • Bureau of Labor Statistics Retrieved September 23, 2004
    • Bureau of Labor Statistics. 2004. Consumer price index. Retrieved September 23, 2004, http://www.bls.gov/cpi, series ID cuur0200sa0, cuus0200sa0.
    • (2004) Consumer Price Index
  • 5
    • 42649142811 scopus 로고    scopus 로고
    • $100 bills on the side-walk: Violations of no-arbitrage in 401-k accounts
    • NBER, Cambridge, MA.
    • Choi, J. J., D. Laibson, B. C. Madrian. 2005. $100 bills on the side-walk: Violations of no-arbitrage in 401-k accounts. Working Paper 11554, NBER, Cambridge, MA.
    • (2005) Working Paper 11554
    • Choi, J.J.1    Laibson, D.2    Madrian, B.C.3
  • 6
    • 0004161731 scopus 로고    scopus 로고
    • Wiley Series in Probability and Statistics, John Wiley and Sons, Chichester, UK
    • Congdon, P. 2001. Bayesian Statistical Modelling. Wiley Series in Probability and Statistics, John Wiley and Sons, Chichester, UK.
    • (2001) Bayesian Statistical Modelling
    • Congdon, P.1
  • 7
    • 33748335194 scopus 로고
    • Driving with Markov-programming
    • De Leve, G., P. J. Weeda. 1968. Driving with Markov-programming. ASTIN Bull 5(1) 62-86.
    • (1968) ASTIN Bull , vol.5 , Issue.1 , pp. 62-86
    • De Leve, G.1    Weeda, P.J.2
  • 8
    • 0011045483 scopus 로고
    • Optimal claim decisions for a bonus-malus system: A continuous approach
    • de Pril, N. 1979. Optimal claim decisions for a bonus-malus system: A continuous approach. ASTIN Bull. 10 215-222.
    • (1979) ASTIN Bull , vol.10 , pp. 215-222
    • De Pril, N.1
  • 10
    • 4043113155 scopus 로고    scopus 로고
    • Discussion on Bayesian nonparametric inference for random distributions and related functions
    • Draper, D. 1999. Discussion on Bayesian Nonparametric Inference for Random Distributions and Related Functions. J. Roy. Statist. Soc., Ser B 61(3) 510-513.
    • (1999) J. Roy. Statist. Soc., Ser B , vol.61 , Issue.3 , pp. 510-513
    • Draper, D.1
  • 11
    • 84950937290 scopus 로고
    • Bayesian density estimation and inference using mixtures
    • Escobar, M. D., M. West. 1995. Bayesian density estimation and inference using mixtures. J. Amer. Statist. Assoc. 90(430) 577-588.
    • (1995) J. Amer. Statist. Assoc. , vol.90 , Issue.430 , pp. 577-588
    • Escobar, M.D.1    West, M.2
  • 12
    • 1842742580 scopus 로고    scopus 로고
    • A note on modelling underreported Poisson counts
    • Fader, P. S., B. G. S. Hardie. 2000. A note on modelling underreported Poisson counts. J. Appl. Statist. 27(8) 953-964.
    • (2000) J. Appl. Statist. , vol.27 , Issue.8 , pp. 953-964
    • Fader, P.S.1    Hardie, B.G.S.2
  • 13
    • 33748307198 scopus 로고    scopus 로고
    • Customer-base valuation in a contractual setting: The perils of ignoring heterogeneity
    • The Wharton School, University of Pennsylvania, Philadelphia, PA.
    • Fader, P. S., B. G. S. Hardie. 2006. Customer-base valuation in a contractual setting: The perils of ignoring heterogeneity. Working paper, The Wharton School, University of Pennsylvania, Philadelphia, PA.
    • (2006) Working Paper
    • Fader, P.S.1    Hardie, B.G.S.2
  • 14
    • 0001787029 scopus 로고
    • Bayesian density estimation by mixtures of normal distributions
    • H. Rizvi, J. Rustagi, eds. Academic Press, New York
    • Ferguson, T. S. 1983. Bayesian density estimation by mixtures of normal distributions. H. Rizvi, J. Rustagi, eds. Recent Advances in Statistics. Academic Press, New York, 287-302.
    • (1983) Recent Advances in Statistics , pp. 287-302
    • Ferguson, T.S.1
  • 15
    • 25444484077 scopus 로고    scopus 로고
    • Posterior predictive assessment of model fitness via realized discrepancies
    • Gelman, A., X.-L. Meng, H. Stern. 1996. Posterior predictive assessment of model fitness via realized discrepancies. Statist. Sinica 6(4) 733-807.
    • (1996) Statist. Sinica , vol.6 , Issue.4 , pp. 733-807
    • Gelman, A.1    Meng, X.-L.2    Stern, H.3
  • 17
    • 0001032163 scopus 로고
    • Evaluating the accuracy of sampling-based approaches to the calculation of posterior moments
    • J. M. Bernardo, J. O. Berger, A. P. Dawid, A. F. M. Smith, eds. Oxford University Press, Oxford
    • Geweke, J. F. 1992. Evaluating the accuracy of sampling-based approaches to the calculation of posterior moments. J. M. Bernardo, J. O. Berger, A. P. Dawid, A. F. M. Smith, eds. Bayesian Statistics, Vol. 4. Oxford University Press, Oxford, 169-194.
    • (1992) Bayesian Statistics , vol.4 , pp. 169-194
    • Geweke, J.F.1
  • 19
    • 0016101222 scopus 로고
    • Optimal claim decisions by policyholders in automobile insurance with merit-rating structures
    • Haehling von Lanzenauer, C. 1974. Optimal claim decisions by policyholders in automobile insurance with merit-rating structures. Oper. Res. 22(5) 979-990.
    • (1974) Oper. Res. , vol.22 , Issue.5 , pp. 979-990
    • Haehling Von Lanzenauer, C.1
  • 21
    • 0017244512 scopus 로고
    • Optimal claiming on vehicle insurance
    • Hastings, N. A. J. 1976. Optimal claiming on vehicle insurance. Oper. Res. Quart. 27(4) 805-813.
    • (1976) Oper. Res. Quart. , vol.27 , Issue.4 , pp. 805-813
    • Hastings, N.A.J.1
  • 22
    • 77956597332 scopus 로고    scopus 로고
    • Do we drive more safely when accidents are more expensive? Identifying moral hazard from experience rating schemes
    • Northwestern University, Evanston, IL.
    • Israel, M. 2004. Do we drive more safely when accidents are more expensive? Identifying moral hazard from experience rating schemes. Working paper, Northwestern University, Evanston, IL.
    • (2004) Working Paper
    • Israel, M.1
  • 24
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman, D., A. Tversky. 1979. Prospect theory: An analysis of decision under risk. Econometrica 47(2) 263-291.
    • (1979) Econometrica , vol.47 , Issue.2 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 25
    • 0041906967 scopus 로고
    • Choices, values and frames
    • Kahneman, D., A. Tversky. 1984. Choices, values and frames. Amer. Psychologist 39(4) 341-350.
    • (1984) Amer. Psychologist , vol.39 , Issue.4 , pp. 341-350
    • Kahneman, D.1    Tversky, A.2
  • 26
    • 13444265147 scopus 로고    scopus 로고
    • Assessing heterogeneity in discrete choice models using a Dirichlet process prior
    • Kim, J. G., U. Menzefricke, E M. Feinberg. 2004. Assessing heterogeneity in discrete choice models using a Dirichlet process prior. Rev. Marketing Sci. 2(1) 1-39.
    • (2004) Rev. Marketing Sci. , vol.2 , Issue.1 , pp. 1-39
    • Kim, J.G.1    Menzefricke, U.2    Feinberg, E.M.3
  • 30
    • 2342633868 scopus 로고    scopus 로고
    • Capturing evolving visit behavior in clickstream data
    • Moe, W. W., P. S. Fader. 2004a. Capturing evolving visit behavior in clickstream data. J. Interactive Marketing 18(1) 5-19.
    • (2004) J. Interactive Marketing , vol.18 , Issue.1 , pp. 5-19
    • Moe, W.W.1    Fader, P.S.2
  • 31
    • 1842783295 scopus 로고    scopus 로고
    • Dynamic conversion at e-commerce sites
    • Moe, W. W., P. S. Fader. 2004b. Dynamic conversion at e-commerce sites. Management Sci. 50(3) 326-335.
    • (2004) Management Sci. , vol.50 , Issue.3 , pp. 326-335
    • Moe, W.W.1    Fader, P.S.2
  • 32
    • 0001696984 scopus 로고
    • An economic model of welfare stigma
    • Moffitt, Robert. 1983. An economic model of welfare stigma. Amer. Econom. Rev. 73(5) 1023-1035.
    • (1983) Amer. Econom. Rev. , vol.73 , Issue.5 , pp. 1023-1035
    • Moffitt, R.1
  • 33
    • 19944369336 scopus 로고
    • The effect of deductibles on the demand for medical care services
    • Newhouse, J. P., J. E. Rolph, B. Mori, M. Murphy. 1980. The effect of deductibles on the demand for medical care services. J. Amer. Statist. Assoc. 75(371) 525-533.
    • (1980) J. Amer. Statist. Assoc. , vol.75 , Issue.371 , pp. 525-533
    • Newhouse, J.P.1    Rolph, J.E.2    Mori, B.3    Murphy, M.4
  • 34
    • 0003078723 scopus 로고
    • Approximate Bayesian inference with the weighted likelihood bootstrap
    • Newton, M. A., A. E. Raftery. 1994. Approximate Bayesian inference with the weighted likelihood bootstrap. J. Roy. Statist. Soc., Ser. B 56(1) 3-18.
    • (1994) J. Roy. Statist. Soc., Ser. B , vol.56 , Issue.1 , pp. 3-18
    • Newton, M.A.1    Raftery, A.E.2
  • 35
    • 84974864675 scopus 로고
    • Optimal claiming on vehicle insurance revisited
    • Norman, J. M., D. C. S. Shearn. 1980. Optimal claiming on vehicle insurance revisited. J. Oper. Res. Soc. 31(2) 181-186.
    • (1980) J. Oper. Res. Soc. , vol.31 , Issue.2 , pp. 181-186
    • Norman, J.M.1    Shearn, D.C.S.2
  • 36
    • 0000439370 scopus 로고
    • Bayesianly justifiable and relevant frequency calculations for the applied statistician
    • Rubin, D. B. 1984. Bayesianly justifiable and relevant frequency calculations for the applied statistician. Ann. Statist. 12(4) 1151-1172.
    • (1984) Ann. Statist. , vol.12 , Issue.4 , pp. 1151-1172
    • Rubin, D.B.1
  • 37
    • 0009024226 scopus 로고
    • Why does the NBD model work? Robustness in representing product purchases, brand purchases and imperfectly recorded purchases
    • Schmittlein, D. C., A. C. Bemmaor, D. G. Morrison. 1985. Why does the NBD model work? Robustness in representing product purchases, brand purchases and imperfectly recorded purchases. Marketing Sci. 4(3) 255-266.
    • (1985) Marketing Sci. , vol.4 , Issue.3 , pp. 255-266
    • Schmittlein, D.C.1    Bemmaor, A.C.2    Morrison, D.G.3
  • 38
    • 0000720609 scopus 로고
    • A constructive definition of Dirichlet priors
    • Sethuraman, J. 1994. A constructive definition of Dirichlet priors. Statist. Sinica 4(2) 639-650.
    • (1994) Statist. Sinica , vol.4 , Issue.2 , pp. 639-650
    • Sethuraman, J.1
  • 40
    • 0034354410 scopus 로고    scopus 로고
    • Dealing with label switching in mixture models
    • Stephens, M. 2000. Dealing with label switching in mixture models. J. Roy. Statist. Soc., Ser. B 62(4) 795-809.
    • (2000) J. Roy. Statist. Soc., Ser. B , vol.62 , Issue.4 , pp. 795-809
    • Stephens, M.1
  • 41
    • 0041906953 scopus 로고
    • Toward a positive theory of consumer choice
    • Thaler, R. H. 1980. Toward a positive theory of consumer choice. J. Econom. Behav. Organ. 1(1) 39-60.
    • (1980) J. Econom. Behav. Organ. , vol.1 , Issue.1 , pp. 39-60
    • Thaler, R.H.1
  • 42
    • 84986409535 scopus 로고
    • A count-amount model with endogenous recording of observations
    • van Praag, B. M. S., E. M. Vermeulen. 1993. A count-amount model with endogenous recording of observations. J. Appl. Econometrics 8(4) 383-395.
    • (1993) J. Appl. Econometrics , vol.8 , Issue.4 , pp. 383-395
    • Van Praag, B.M.S.1    Vermeulen, E.M.2
  • 43
    • 0345791955 scopus 로고
    • Aspects of optimal automobile insurance
    • Venezia, I. 1984. Aspects of optimal automobile insurance. J. Risk Insurance 51(1) 63-79.
    • (1984) J. Risk Insurance , vol.51 , Issue.1 , pp. 63-79
    • Venezia, I.1
  • 44
    • 84925927089 scopus 로고
    • Optimal claims in automobile insurance
    • Venezia, I., H. Levy. 1980. Optimal claims in automobile insurance. Rep. Econom. Stud. 47(3) 539-549.
    • (1980) Rep. Econom. Stud. , vol.47 , Issue.3 , pp. 539-549
    • Venezia, I.1    Levy, H.2
  • 45
    • 0001541832 scopus 로고    scopus 로고
    • Bayesian nonparametric inference for random distributions and related functions
    • Walker, S. G., P. Damien, P. W. Laud, A. F. M. Smith. 1999. Bayesian nonparametric inference for random distributions and related functions. J. Roy. Statist. Soc., Ser. B 61(3) 485-527.
    • (1999) J. Roy. Statist. Soc., Ser. B , vol.61 , Issue.3 , pp. 485-527
    • Walker, S.G.1    Damien, P.2    Laud, P.W.3    Smith, A.F.M.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.