Estimation of Classification Factor Relativities: A Modelling Approach
研究如何选择分类相对值的估计方法，通过建模识别纯保费方程设定错误，并开发简单检验程序，利用私人汽车保险数据得出费率公式的适用结论。
This paper considers the problem of selecting a classification relativity estimation method. A modelling approach is used to determine the error pattern a misspecification of the correct pure premium equation would be expected to produce. A simple testing procedure is developed for identifying such model misspecifications. Several empirical analyses with private passenger automobile insurance data are performed. Some general conclusions about the appropriate type of ratemaking formula for this line are drawn.