Extension and Application of Credibility Models in Predicting Claim Frequency
In nonlife actuarial science, credibility models are one of the main methods of experience ratemaking. Bühlmann-Straub credibility model can be expressed as a special case of linear mixed models (LMMs) with the underlying assumption of normality. In this paper, we extend the assumption of Bühlmann-S...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2018-01-01
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Series: | Mathematical Problems in Engineering |
Online Access: | http://dx.doi.org/10.1155/2018/6250686 |