EXTREME TYPES OF BONUS-MALUS SYSTEM FAIR BY TRANSITION RULES

• Authors: Podgorska Maria
• Languages of publication: PL

Abstracts

EN

In the article four extreme variants of BMSF(TR) in which extreme transition rules are valid, i.e. rules of maximum/minimum advancement and maximum/minimum fall, are presented. These four systems allow us to determine the lowest and highest expected premium in any insurance year in any BMSF(TR) and the intervals of values of expected premium in the systems of BMSF(TR) type which are modifications of these four extreme systems.

Keywords

EN

AUTOMOBILE INSURANCE; BONUS-MALUS SYSTEM; LOWEST AND HIGHEST INSURANCE PREMIUM

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Warsaw School of Economics, Collegium of Economic Analysis
• Journal: Roczniki Kolegium Analiz Ekonomicznych
• Year: 2008
• Volume: 18
• Pages: 43-68
• Document type: ARTICLE

Contributors

author

Podgorska Maria

• Maria Podgorska, Szkola Glówna Handlowa w Warszawie, Instytut Ekonometrii, al. Niepodleglosci 164, 02-554 Warszawa, Poland

Identifiers

CEJSH db identifier

09PLAAAA061622