Credibility models are actuarial tools to distribute premiums fairly among a heterogeneous group of policyholders (henceforth called entities). More generally, they can be seen as prediction methods applicable in any setting where repeated measures are made for subjects with different risk levels. The credibility theory features of actuar consist of matrix hachemeister containing the famous dat...

Using Greedy Clustering Method to Solve Capacitated Location-Routing Problem with Fuzzy Demands Abstract In this paper, the capacitated location routing problem with fuzzy demands (CLRP_FD) is considered. In CLRP_FD, facility location problem (FLP) and vehicle routing problem (VRP) are observed simultaneously. Indeed the vehicles and the depots have a predefined capacity to serve the customerst...

This paper owes a great deal to Doug Laxton. We also thank Phil Lowe, Glenn Stevens and participants in a seminar at the Reserve Bank of Australia for helpful comments. The views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank of Australia. Use of any results from this paper should clearly attribute the work to the authors and not to the Reserve Ba...

In this paper, we present the findings of a qualitative analysis of 15,750 comments left by 2,041 participants in a Reconcile web credibility evaluation study. While assessing the credibility of the presented pages, respondents of the Reconcile studies were also asked to justify their ratings in writing. This work attempts to give an insight into the factors that affected the credibility assess...

The formation of macroeconomic policy is conceptualized as on-going process of interaction between private individuals and a centralized policymaker. This interaction is inherently strategic in nature and lends itself to a gametheoretical treatment. Starting from the basic principle of rational expectations, the analysis advances a theoretical perspective on the related concepts of macroeconomi...

The objective of this paper is to study some new analytical properties of credibility functions. We first discuss the continuity of credibility functions, and establish the sufficient and necessary conditions for the right continuity and left continuity of credibility functions. Furthermore, we study the absolute continuity of credibility functions and obtain some sufficient conditions for the ...