Keywords - Function groups - @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Library: insurance
See also: INSadjR0 INSCramer

Quantlet: INSadjR
Description: produces adjustment coefficient R in insurance collective risk model.

Reference(s):

Usage: R = INSadjR(theta, distrib, dparameters)
Input:
theta scalar, security loading in insurance collective risk model
distrib string, name of light-tailed distribution of claims, either gamma, exponential or mixofexps
dparameters list of scalars, parameters of loss of gamma or exponential distribution list of n x 1 vectors of parameters of "mixofexps" distribution, the first vector are parameters for the exponential distributions and the second one are the weights of mixing
Output:
R scalar, adjustment coefficient R for loss distribution

Note:

Example:
library("insurance")
library("distribs")
distrib = "gamma"
dparameters = list(0.2,0.7)
theta = 0.3
R = INSadjR(theta,distrib,dparameters)
R

Result:
Contents of R

[1,]   0.25402



Author: P. Mista, 20031218 license MD*Tech
(C) MD*TECH Method and Data Technologies, 05.02.2006