We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
A Quantum-Type Approach to Non-Life Insurance Risk Modelling.
- Authors
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.
- Subjects
RISK (Insurance); RISK assessment -- Mathematical models; QUANTUM mechanics; PROBABILITY theory; DATA analysis
- Publication
Risks, 2018, Vol 6, Issue 3, p99
- ISSN
2227-9091
- Publication type
Article
- DOI
10.3390/risks6030099