RT journal article
T1 A method for constructing and interpreting some weighted premium principles
A1 Castaño Martínez, Antonia
A1 López-Blázquez, Fernando
A1 Pigueiras Voces, Gema
A1 Sordo Díaz, Miguel Ángel
A2 Estadística e Investigación Operativa
K1 Weighted premium principle
K1 distortion premium principle
K1 equilibrium distribution
K1 order statistics
K1 record value
AB We present a method for constructing and interpreting weighted premiumprinciples. The method is based on modifying the underlying risk distributionin such a way that the risk-adjusted expected value (or premium) is greaterthan the expected value of some conveniently chosen function of claims, whichdefines the insurer’s perception of the risk. Under some assumptions on thefunction of claims, the method produces distortion premium principles. Weprovide several examples under different assumptions on the claim arrival processand different functions of claims, including record claims and kth recordclaims.
PB Cambridge University Press
SN 0515-0361
YR 2020
FD 2020
LK http://hdl.handle.net/10498/33387
UL http://hdl.handle.net/10498/33387
LA eng
DS Repositorio Institucional de la Universidad de Cádiz
RD 10-nov-2026