The Reciprocal Generalized Inverse Gaussian Frailty with Application in Life Annuity Business
Walter Onchere, Richard Tinega, Patrick Weke & Jam Otieno · Journal of Advances in Mathematics and Computer Science · 2020
Aims: As shown in literature, several authors have adopted various individual frailty mixing distributions as a way of dealing with possible heterogeneity due to unobserved covariates in a group of insurers. This research contribution is to generalize the frailty mixing distribut...
Open access
Research Article
10.9734/jamcs/2020/v35i630295