In this paper semi-Markov reward models are presented. Higher moments of the reward process is presented for the first time applied to in time non-homogeneous semi-Markov insurance problems. Also an example is presented based on real disability data. Different algorithmic approaches to solve the problem is described.
An algorithmic approach to discrete time non-homogeneous backward semi-Markov reward processes with an application to disability insurance / F., Stemberg; Manca, Raimondo; Dmitrii, Silvestrov. - In: METHODOLOGY AND COMPUTING IN APPLIED PROBABILITY. - ISSN 1387-5841. - 9:4(2007), pp. 497-519. [10.1007/s11009-006-9012-4]
An algorithmic approach to discrete time non-homogeneous backward semi-Markov reward processes with an application to disability insurance
MANCA, Raimondo;
2007
Abstract
In this paper semi-Markov reward models are presented. Higher moments of the reward process is presented for the first time applied to in time non-homogeneous semi-Markov insurance problems. Also an example is presented based on real disability data. Different algorithmic approaches to solve the problem is described.File allegati a questo prodotto
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
