scholarly journals Modelling Different Types of Bundled Automobile Insurance Choice Behaviour: The Case of Taiwan

2010 ◽  
Vol 35 (2) ◽  
pp. 290-308 ◽  
Author(s):  
Ming-Jyh Wang ◽  
Chieh-Hua Wen ◽  
Lawrence W Lan
Keyword(s):  
Automobile Insurance ◽  
Choice Behaviour ◽  
Insurance Choice ◽  
Different Types

scholarly journals A Survey of the Individual Claim Size and Other Risk Factors Using Credibility Bonus-Malus Premiums

Risks ◽  
2020 ◽  
Vol 8 (1) ◽  
pp. 20
Author(s):  
Emilio Gómez-Déniz ◽  
Enrique Calderín-Ojeda
Keyword(s):  
Risk Factors ◽  
Regression Model ◽  
Automobile Insurance ◽  
Claim Size ◽  
Insurance Portfolio ◽  
Different Types ◽  
Mixed Regression ◽  
The Individual ◽  
Size Threshold ◽  
Gender Type

In this paper, a flexible count regression model based on a bivariate compound Poisson distribution is introduced in order to distinguish between different types of claims according to the claim size. Furthermore, it allows us to analyse the factors that affect the number of claims above and below a given claim size threshold in an automobile insurance portfolio. Relevant properties of this model are given. Next, a mixed regression model is derived to compute credibility bonus-malus premiums based on the individual claim size and other risk factors such as gender, type of vehicle, driving area, or age of the vehicle. Results are illustrated by using a well-known automobile insurance portfolio dataset.

scholarly journals Multivariate INAR(1) Regression Models Based on the Sarmanov Distribution

Mathematics ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 505
Author(s):  
Lluís Bermúdez ◽  
Dimitris Karlis
Keyword(s):  
Regression Model ◽  
Regression Models ◽  
Serial Correlation ◽  
Goodness Of Fit ◽  
Dependence Structure ◽  
Automobile Insurance ◽  
Data Set ◽  
New Models ◽  
Different Types ◽  
Over Time

A multivariate INAR(1) regression model based on the Sarmanov distribution is proposed for modelling claim counts from an automobile insurance contract with different types of coverage. The correlation between claims from different coverage types is considered jointly with the serial correlation between the observations of the same policyholder observed over time. Several models based on the multivariate Sarmanov distribution are analyzed. The new models offer some advantages since they have all the advantages of the MINAR(1) regression model but allow for a more flexible dependence structure by using the Sarmanov distribution. Driven by a real panel data set, these models are considered and fitted to the data to discuss their goodness of fit and computational efficiency.

scholarly journals Modeling and Predicting Commuters' Travel Mode Choice in Lahore, Pakistan

2021 ◽  
Vol VI (III) ◽  
pp. 106-118
Author(s):  
Fariha Tariq ◽  
Nabeel Shakeel
Keyword(s):  
Nearest Neighbor ◽  
Mode Choice ◽  
Multinomial Logit Model ◽  
Vehicle Ownership ◽  
K Nearest Neighbor ◽  
Choice Behaviour ◽  
Travel Mode ◽  
Travel Mode Choice ◽  
Different Types ◽  
Wide Scale

The travel mode preference exists in both culture and theenvironment. The wide scale of people's mobility makesour cities more polluted and congested, eventually affecting urban assets.Understanding people’s mode choice is important to develop urbantransportation planning policies effectively. This study aims to model andpredict the commuter’s mode choice behaviour in Lahore, Pakistan. A surveywas conducted, and the data was used for model validation. Thecomparative study was further done among multinomial logit model (MNL),Random Forest (RF), and K-Nearest Neighbor (KNN) classificationapproaches. It’s common in existing studies that vehicle ownership is rankedas the most important among all features impacting commuters’ travel modechoice. Since many commuters in Lahore own no vehicle, it’s unclear whatthe rank of factors impacting non-vehicle owners is. Other than thecomparison of predicting the performance of the methods, our contributionis to do more analysis of the rank of factors impacting the different types ofcommuters. It was observed that occupation is ranked as the most importantamong all features for non-vehicle owners.

scholarly journals On automobile insurance ratemaking

1968 ◽  
Vol 5 (1) ◽  
pp. 41-48 ◽  
Author(s):  
Jan Jung
Keyword(s):  
General Model ◽  
Degrees Of Freedom ◽  
Random Variables ◽  
Automobile Insurance ◽  
Insurance Plan ◽  
Canadian Data ◽  
Relative Loss ◽  
Different Types ◽  
Insurance Rate ◽  
Expected Values

Suppose that an automobile insurance plan is characterized by a double classification. The risks are thus divided into classes, i = 1, 2, …, p (e.g. defined by use of car and age of operator), and groups j = 1, 2, …, q (e.g. defined by licence and by accidents during the last three years). The experience of the company is described by the observed “relative loss ratios” rij and some measure of exposure nij. A general model, often used, is that the rij: s are observations of random variables with the expected values gij = g(αi, βj), where the relativities αi are parameters representing the classes i and the relativities βj represent the influence of the groups j. One of the ratemaker's problems is to find a realistic function g(α, β) and to obtain estimates ai of αi and bj of βj.In their paper “Two Studies in Automobile Insurance Rate-making” (ASTIN Bulletin Vol. I, Part IV, page 192-217) Robert Bailey and LeRoy Simon have thoroughly analyzed this problem for private passenger automobiles in Canada. They have principally studied three different types of the function g(α β), namely g(α β) = αβ (Method 2), g(α β) = α + β (Method 3) and g(α β) = 3αβ— 2 (Method 4). The authors show in an appendix, that the variance of rij is approximately g(αi βj)/Knij where K ≅ 0.005 for the Canadian data. They estimate the relativities αi and βj; by making χ2 = K. Σnij(rij — gij)2/gij a minimum. For the Canadian material, the “method 4” agrees best with the observations. This method gives an observed χ2 value of about 8 for 11 degrees of freedom.

Mating behaviour of the marine snail Littoraria flava (Mollusca:Caenogastropoda) on a boulder shore of south-east Brazil

2007 ◽  
Vol 87 (4) ◽  
pp. 947-952 ◽  
Author(s):  
Ricardo Silva Cardoso ◽  
Diogo Silva Costa ◽  
Viviane Fernandes Loureiro
Keyword(s):  
Sexual Selection ◽  
Assortative Mating ◽  
Mating Behaviour ◽  
Female Size ◽  
Male Choice ◽  
Choice Behaviour ◽  
Tropical Regions ◽  
Different Types ◽  
Selection For ◽  
Positive Correlations

The mating pattern of Littoraria flava, a typical grazer snail of the supralittoral zone and sometimes the midlittoral zone of boulder shores in tropical and sub-tropical regions, was examined to determine the occurrence of size-assortative mating and sexual selection on size. We also evaluated its reproductive behavioural mechanisms, as well as their implications for the evolution of the species. The population was investigated from May 2001 through April 2002, on an artificial rocky shore composed of a boulder wall at Flexeira Beach, Itacuruçá Island, Rio de Janeiro, Brazil (22°56′S 43°53′W). The current study showed that: (1) copulating pairs were observed only from November through March, indicating seasonal reproduction of the population; (2) linear correlation between sizes of copulating mates were weak but significant, characterizing assortative mating by size; (3) there was sexual selection for female size, i.e. large females were favoured as mating partners over small ones; however, sexual selection on size was not observed among males; (4) there were significant positive correlations between male and female shell sizes and the copulation time; (5) there were significant differences in copulation time among different types of copulating pairs; and (6) mating females were significantly larger than non-mating females, while there were no differences between the sizes of mating and non-mating males, indicating differential sexual selection between sexes. These findings may contribute to the evolution of sexual dimorphism in this species. Male choice behaviour plausibly explains the assortative mating and sexual selection on female size of Littoraria flava. As males chose larger mates because they benefit reproductively therefore large females have increased chances of mating and fertilization (sexual selection for size). Further evidence suggests that large females are more successful than small females in carrying out mating, because large females remain in copulation for a longer time than do small females.

Modelling different types of automobile insurance fraud behaviour in the Spanish market

1999 ◽  
Vol 24 (1-2) ◽  
pp. 67-81 ◽  
Author(s):  
Manuel Artı́s ◽  
Mercedes Ayuso ◽  
Montserrat Guillén
Keyword(s):  
Automobile Insurance ◽  
Insurance Fraud ◽  
Different Types

The extinction time of a general birth and death process with catastrophes

1986 ◽  
Vol 23 (04) ◽  
pp. 851-858 ◽  
Author(s):  
P. J. Brockwell
Keyword(s):  
Laplace Transform ◽  
Size Distribution ◽  
Sufficient Conditions ◽  
Necessary And Sufficient Conditions ◽  
Death Process ◽  
Extinction Time ◽  
Birth And Death Process ◽  
Different Types ◽  
The Laplace Transform ◽  
Necessary And Sufficient

The Laplace transform of the extinction time is determined for a general birth and death process with arbitrary catastrophe rate and catastrophe size distribution. It is assumed only that the birth rates satisfyλ0= 0,λj> 0 for eachj> 0, and. Necessary and sufficient conditions for certain extinction of the population are derived. The results are applied to the linear birth and death process (λj=jλ, µj=jμ) with catastrophes of several different types.

Differentiating between different forms of moral obligations

2020 ◽  
Vol 43 ◽  
Author(s):  
Rajen A. Anderson ◽  
Benjamin C. Ruisch ◽  
David A. Pizarro
Keyword(s):  
Moral Character ◽  
Moral Obligations ◽  
Different Types

Abstract We argue that Tomasello's account overlooks important psychological distinctions between how humans judge different types of moral obligations, such as prescriptive obligations (i.e., what one should do) and proscriptive obligations (i.e., what one should not do). Specifically, evaluating these different types of obligations rests on different psychological inputs and has distinct downstream consequences for judgments of moral character.

Ultrastructural Investigations of the Contractile Filaments of Amoebae

1974 ◽  
Vol 32 ◽  
pp. 188-189
Author(s):  
P.L. Moore
Keyword(s):  
Cytoplasmic Streaming ◽  
Three Dimensional ◽  
Freeze Fracture ◽  
Amoeboid Movement ◽  
Different Types ◽  
Chemical Conditions ◽  
Complete Interpretation

Previous freeze fracture results on the intact giant, amoeba Chaos carolinensis indicated the presence of a fibrillar arrangement of filaments within the cytoplasm. A complete interpretation of the three dimensional ultrastructure of these structures, and their possible role in amoeboid movement was not possible, since comparable results could not be obtained with conventional fixation of intact amoebae. Progress in interpreting the freeze fracture images of amoebae required a more thorough understanding of the different types of filaments present in amoebae, and of the ways in which they could be organized while remaining functional.The recent development of a calcium sensitive, demembranated, amoeboid model of Chaos carolinensis has made it possible to achieve a better understanding of such functional arrangements of amoeboid filaments. In these models the motility of demembranated cytoplasm can be controlled in vitro, and the chemical conditions necessary for contractility, and cytoplasmic streaming can be investigated. It is clear from these studies that “fibrils” exist in amoeboid models, and that they are capable of contracting along their length under conditions similar to those which cause contraction in vertebrate muscles.

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