Library: | insurance |
See also: | INSadjR0 INScordiffin |
Quantlet: | INSadjR0 | |
Description: | produces adjustment coefficient R0 in insurance collective risk model. |
Usage: | R0 = INSadjR0(R, theta, distrib, dparameters) | |
Input: | ||
R | scalar, adjustment coefficient in insurance collective risk model | |
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 distribution | |
Output: | ||
R0 | scalar, adjustment coefficient R0 for loss distribution |
library("insurance") library("distribs") distrib = "gamma" dparameters = list(0.2,0.7) theta = 0.3 R = INSadjR(theta, distrib, dparameters) R0 = INSadjR0(R, theta, distrib, dparameters) R R0
Contents of R [1,] 0.25402 Contents of R0 [1,] 0.13747