Bayesian Claims Reserving Methods in Non-life Insurance with Stan
Download or Read eBook Bayesian Claims Reserving Methods in Non-life Insurance with Stan PDF written by Guangyuan Gao and published by Springer. This book was released on 2018-12-31 with total page 210 pages. Available in PDF, EPUB and Kindle.
| Author | : Guangyuan Gao |
| Publisher | : Springer |
| Total Pages | : 210 |
| Release | : 2018-12-31 |
| ISBN-10 | : 9789811336096 |
| ISBN-13 | : 9811336091 |
| Rating | : 4/5 (96 Downloads) |
Book Synopsis Bayesian Claims Reserving Methods in Non-life Insurance with Stan by : Guangyuan Gao
Book excerpt: 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.
