{"title":"随机控制理论在保险公司保费决策中的应用","authors":"Xiangbo Meng","doi":"10.1109/ICDMA.2013.33","DOIUrl":null,"url":null,"abstract":"In this paper, we study the optimization problem with stochastic interest rates faced by an insurance firm who can control its cash-balance dynamics by adjusting the underlying premium rates. Our objective is to minimize the total deviation of the cash-balance process in an insurance firm to some pre-set target levels by selecting an appropriate premium policy.","PeriodicalId":403312,"journal":{"name":"2013 Fourth International Conference on Digital Manufacturing & Automation","volume":"9 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2013-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"An Application of Stochastic Control Theory in Premium Policy of an Insurance Firm\",\"authors\":\"Xiangbo Meng\",\"doi\":\"10.1109/ICDMA.2013.33\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper, we study the optimization problem with stochastic interest rates faced by an insurance firm who can control its cash-balance dynamics by adjusting the underlying premium rates. Our objective is to minimize the total deviation of the cash-balance process in an insurance firm to some pre-set target levels by selecting an appropriate premium policy.\",\"PeriodicalId\":403312,\"journal\":{\"name\":\"2013 Fourth International Conference on Digital Manufacturing & Automation\",\"volume\":\"9 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2013-06-29\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2013 Fourth International Conference on Digital Manufacturing & Automation\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/ICDMA.2013.33\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2013 Fourth International Conference on Digital Manufacturing & Automation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ICDMA.2013.33","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
An Application of Stochastic Control Theory in Premium Policy of an Insurance Firm
In this paper, we study the optimization problem with stochastic interest rates faced by an insurance firm who can control its cash-balance dynamics by adjusting the underlying premium rates. Our objective is to minimize the total deviation of the cash-balance process in an insurance firm to some pre-set target levels by selecting an appropriate premium policy.