The insurer's attitude to ambiguity potentially affects the premium through the amount of capital it chooses to hold against the risk of ruin. An ambiguity-averse insurer places more weight on higher probabilities of ruin, therefore holds more capital, and charges a higher capital load on the ...
Going in the other direction, the “fear of ruin” coefficient [u(w) − u(0)]/u ′ (w) and its reciprocal “boldness” were introduced by Aumann and Kurz (1977).Footnote 12 Fear of ruin measures a decision maker’s willingness to risk his fortune for a marginal gain, or...
17、rtificial Intelligence SystemsExpert SystemsNeural Networks (eg. Credit Model (S&P), CBI (Italy)Option/Contingent ModelsRisk of RuinKMV Credit Monitor Model13Basic Architecture of an Internal Ratings-Based (IRB) Approach to CapitalIn order to become eligible for the IRB approach, a bank would...
International Journal of Geo-Information Article Spatio-Temporal Risk Assessment Process Modeling for Urban Hazard Events in Sensor Web Environment Wei Wang, Chuanbo Hu, Nengcheng Chen *, Changjiang Xiao and Shan Jia State Key Laboratory of Information Engineering in Surveying, Mapping and Remote ...
fluids Article Modeling the Link between Left Ventricular Flow and Thromboembolic Risk Using Lagrangian Coherent Structures Karen May-Newman *, Vi Vu and Brian Herold Bioengineering Program, Department of Mechanical Engineering, San Diego State University, San Diego, CA 92182-1323, USA; mailtovivu@...