TITLE:
Some Actuarial Formula of Life Insurance for Fuzzy Markets
AUTHORS:
Qiaoyu Huang, Liang Lin, Tao Sun
KEYWORDS:
Fuzzy Actuarial Model, Fuzzy Process, Liu Process, Geometric Liu Process, Actuarial Formula
JOURNAL NAME:
Applied Mathematics,
Vol.2 No.8,
August
8,
2011
ABSTRACT: This paper presents an actuarial model of life insurance for fuzzy markets based on Liu process. At first, some researches about an actuarial model of life insurance for stochastic market and concepts about fuzzy process have been reviewed. Then, an actuarial model of life insurance for fuzzy process is formulated.