Determination of the optimal premium of non-life insurance via the Stochastic Dynamic Programming method

Objective: One of the most important issues facing insurance companies is the determination of fair premium. The purpose of this study is to design a mathematical model for calculating the optimal insurance premium by maximizing the total expected discounted utility of the capital, considering the d...

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Autores principales: Maryam Rostamian, Gholamhossein Golarzi, Asma Hamzeh, Nasrin Hozarmoghadam
Formato: article
Lenguaje:FA
Publicado: University of Tehran 2020
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Acceso en línea:https://doaj.org/article/52409521359a46bf995eb0677fa3066f
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