paper

Premium Calculation Based on Physical Principles

arXiv:cond-mat/0401308

Abstract

We consider the concept of equilibrium in economic systems from statistical mechanics viewpoint. A new method is suggested for computing the premium on this basis. The Bühlmann economic premium principle is derived as a special case of our method.

9 pages, 3 figures, revtex4

Premium Calculation Based on Physical Principles · wovepaper