Abstract
In this paper we consider the problem of comparing probability distributions by their degree of risk. We survey one method of making such a comparison and discuss various actuarial applications. Generalizations and simplified proofs of some of the known mathematical results are given. A somewhat similar theme was considered by Goovaerts et al. (1982), but for the most part our applications and methods are different.
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© 1987 D. Reidel Publishing Company, Dordrecht, Holland
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Promislow, S.D. (1987). Comparing Risks. In: MacNeill, I.B., Umphrey, G.J., Chan, B.S.C., Provost, S.B. (eds) Actuarial Science. The University of Western Ontario Series in Philosophy of Science, vol 39. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4796-2_6
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DOI: https://doi.org/10.1007/978-94-009-4796-2_6
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