Modelling and computer simulation of an insurance policy: A search for maximum profit
arXiv:cond-mat/0307226 · doi:10.1142/S0129183103005170
Abstract
We have developed a model for a life insurance policy. In this model the net gain is calculated by computer simulation for a particular type of lifetime distribution function. We observed that the net gain becomes maximum for a particular value of upper age of last premium. This paper is dedicated to Professor Dietrich Stauffer on the occassion of his 60-th birthday.
This paper is dedicated to Prof. D. Stauffer on the occassion of his 60th birthday. Int. J. Mod. Phys. C (2003) (in press)