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Dynamic tonuity : adapting retirement benefits to a changing environment

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LDR  00000cab a2200000 4500
001  MAP20260001715
003  MAP
005  20260202103211.0
008  260130e20250512bel|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
100  ‎$0‎MAPA20080649999‎$a‎Chen, An
24510‎$a‎Dynamic tonuity : adapting retirement benefits to a changing environment‎$c‎An Chen, Yusha Chen and Manuel Rach
520  ‎$a‎This paper introduces a conditional version of the higher-moment (HM) coherent risk measure, called CoHM, which incorporates information from an observable external factor when evaluating extreme risks. They study how this measure behaves under weak contagion at very high confidence levels, and we apply our results to the special case of the conditional Haezendonck-Goovaerts risk measure (CoHG). They also provide numerical examples to check how accurate the asymptotic formulas are and to explore how sensitive the CoHG risk contribution is to changes in model parameters. Finally, based on the asymptotic results in the Fréchet case, we propose an extrapolation-based estimator for CoHM and support it with simulation evidence.
650 4‎$0‎MAPA20080602437‎$a‎Matemática del seguro
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
650 4‎$0‎MAPA20080549206‎$a‎Tontinas
650 4‎$0‎MAPA20080555306‎$a‎Mortalidad
650 4‎$0‎MAPA20250003316‎$a‎Gestión de riesgos
650 4‎$0‎MAPA20080597733‎$a‎Modelos estadísticos
7001 ‎$0‎MAPA20260001289‎$a‎Chen, Yusha
7001 ‎$0‎MAPA20200006633‎$a‎Rach, Manuel
7102 ‎$0‎MAPA20100017661‎$a‎International Actuarial Association
7730 ‎$w‎MAP20077000420‎$g‎12/05/2025 Volume 55 Issue 2 - may 2025 , p. 352 -373‎$x‎0515-0361‎$t‎Astin bulletin‎$d‎Belgium : ASTIN and AFIR Sections of the International Actuarial Association