A Quantum-Type Approach to Non-Life Insurance Risk Modelling-Reference-Cited by-同舟云学术

A Quantum-Type Approach to Non-Life Insurance Risk Modelling

Published:2018-09-14 Issue:3 Volume:6 Page:99
ISSN:2227-9091
Container-title:Risks
language:en
Short-container-title:Risks

Author:

Lefèvre Claude,Loisel Stéphane,Tamturk Muhsin,Utev Sergey

Abstract

A quantum mechanics approach is proposed to model non-life insurance risks and to compute the future reserve amounts and the ruin probabilities. The claim data, historical or simulated, are treated as coming from quantum observables and analyzed with traditional machine learning tools. They can then be used to forecast the evolution of the reserves of an insurance company. The following methodology relies on the Dirac matrix formalism and the Feynman path-integral method.

Publisher

MDPI AG

Subject

Strategy and Management,Economics, Econometrics and Finance (miscellaneous),Accounting

Link

http://www.mdpi.com/2227-9091/6/3/99/pdf

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