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- W1558577644 abstract "Almost every actuarial problem involves one or more sources of risk. The task of an actuary is to assess the following risks: To derive a distribution for the outcome at some fixed future time or at a series of future dates.To make decisions or observations based on this risk assessment (e.g. to provide a risk measure, to set a premium rate, to calculate the reserve, to decide on an investment strategy).Keywords:parameter uncertainty;model uncertainty;model risk;principle of parsimony;model selection criteria;Akaike Information Criterion;Schwarz Bayes criterion" @default.
- W1558577644 created "2016-06-24" @default.
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- W1558577644 date "2014-09-29" @default.
- W1558577644 modified "2023-09-26" @default.
- W1558577644 title "Parameter and Model Uncertainty" @default.
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- W1558577644 doi "https://doi.org/10.1002/9781118445112.stat04467" @default.
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