Multi-Agent Auction Based Simulation Tool for an Insurance Policy Market

The paper presents a simulation tool for automated interactions between insurance companies and their clients during the travel insurance buying process. Insurance deal evaluation model using price and insured risks has been developed based on the study of the Latvian insurance market. The proposed...

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Bibliographic Details
Main Authors: Lavendelis Egons, Grundspenkis Janis
Format: Article
Language:English
Published: Sciendo 2014-07-01
Series:Applied Computer Systems
Subjects:
Online Access:https://doi.org/10.2478/acss-2014-0001