Author, as appears in the article.: Andrés-Sánchez, Jorge de ; González-Vila Puchades, Laura
Department: Gestió d'Empreses
URV's Author/s: Andrés-Sánchez, Jorge de ; González-Vila Puchades, Laura
Keywords: Conjunts borrosos Conjuntos borrosos Life contingency pricing Fuzzy numbers
Abstract: This paper extends the framework for the valuation of life insurance policies and annuities by Andrés-Sánchez and González-Vila (2012, 2014) in two ways. First we allow various uncertain magnitudes to be estimated by means of fuzzy numbers. This applies not only to interest rates but also to the amounts to be paid out by the insurance company. Second, the use of symmetrical triangular fuzzy numbers allows us to obtain expressions for the pricing of life contingencies and their variability that are closely linked to standard financial and actuarial mathematics. Moreover, they are relatively straightforward to compute and understand from a standard actuarial point of view.
Research group: Social & Business Research Laboratory
Thematic Areas: Economia i empresa Economía y empresa Economics and business
licence for use: https://creativecommons.org/licenses/by/3.0/es/
ISSN: 0167-6687
Author identifier: 0000-0002-7715-779X; 0000-0003-4824-5894
Record's date: 2016-12-20
Last page: 94
Journal volume: 72
Papper version: info:eu-repo/semantics/submittedVersion
Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
Entity: Universitat Rovira i Virgili
Journal publication year: 2017
First page: 83
Publication Type: Article Artículo Article
Repositori URV