The Classic and Optimal Bonus-Malus Systems in Pure Premium Calculations of Vehicle Insurance with a Bayesian Approach
Utriweni Mukhaiyar, Udjianna S. Pasaribu, Rama Yuliawan, Bayu Nanda Permana
Statistics Research Group, Faculty of Mathematics and Natural Sciences, Institut Teknologi Bandung
Abstract
Keywords: Bayesian, Bonus-Malus, Frequency of claims, Severity of Claims, vehicle insurance
Topic: Economics
Link: https://ifory.id/abstract/Af7ryBjL4M28
Conference: The 2nd Mulawarman International Conference on Economics and Business (MICEB 2019)
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