A new family of contaminated exponential dispersion loss models is defined and some of its properties are examined. These models offer a wider family of loss distributions, allowing the modeling of extreme claims. Their usefulness is illustrated with real data.
|Number of pages||12|
|Journal||North American Actuarial Journal|
|State||Published - 1 Apr 2003|
Bibliographical noteFunding Information:
We are grateful to the Committee on Knowledge Extension Research for its financial support.
ASJC Scopus subject areas
- Statistics and Probability
- Economics and Econometrics
- Statistics, Probability and Uncertainty