Bayesian Claims Reserving Methods in Non-life Insurance with Stan [electronic resource] : An Introduction / by Guangyuan Gao.
Material type:
- text
- computer
- online resource
- 9789811336096
- 519.5
- QA276-280
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Biblioteca Digital | Colección SPRINGER | 519.5 (Browse shelf(Opens below)) | Not For Loan |
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Chapter1 Introduction -- Chapter2 Bayesian Fundamentals -- Chapter3 Advanced Bayesian Computation -- Chapter4 Bayesian Chain Ladder Models -- Chapter5 Bayesian Basis Expansion Models -- Chapter6 Multivariate Modelling Using Copulas -- Chapter7 Epilogue.
This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes. .
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