Pricing long term care insurance contracts (Q1329406)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Pricing long term care insurance contracts |
scientific article |
Statements
Pricing long term care insurance contracts (English)
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11 October 1994
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pricing long term care insurance contracts
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discounted value of future benefits
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LTC coverage
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Markov chain models
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transition probabilities
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LTC contract
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Markovian multistate model
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expected DVFB
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net single premium
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annual premiums
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potential theoretic approach
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backward induction
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Bellman's equation
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