Multivariate INAR(1) Regression Models Based on the Sarmanov Distribution.

dc.contributor.authorBermúdez, Lluís
dc.contributor.authorKarlis, Dimitris
dc.date.accessioned2021-10-05T19:48:07Z
dc.date.available2021-10-05T19:48:07Z
dc.date.issued2021-03-01
dc.date.updated2021-10-05T19:48:07Z
dc.description.abstractA multivariate INAR(1) regression model based on the Sarmanov distribution is proposed for modelling claim counts from an automobile insurance contract with different types of coverage. The correlation between claims from different coverage types is considered jointly with the serial correlation between the observations of the same policyholder observed over time. Several models based on the multivariate Sarmanov distribution are analyzed. The new models offer some advantages since they have all the advantages of the MINAR(1) regression model but allow for a more flexible dependence structure by using the Sarmanov distribution. Driven by a real panel data set, these models are considered and fitted to the data to discuss their goodness of fit and computational efficiency.
dc.format.extent13 p.
dc.format.mimetypeapplication/pdf
dc.identifier.idgrec714281
dc.identifier.issn2227-7390
dc.identifier.urihttps://hdl.handle.net/2445/180409
dc.language.isoeng
dc.publisherMDPI
dc.relation.isformatofReproducció del document publicat a: https://doi.org/10.3390/math9050505
dc.relation.ispartofMathematics, 2021, vol. 9, num. 505, p. 1-13
dc.relation.urihttps://doi.org/10.3390/math9050505
dc.rightscc-by (c) Bermúdez, Lluís et al., 2021
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.sourceArticles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)
dc.subject.classificationAnàlisi multivariable
dc.subject.classificationAnàlisi de regressió
dc.subject.classificationTeoria de l'estimació
dc.subject.classificationAssegurances d'automòbils
dc.subject.otherMultivariate analysis
dc.subject.otherRegression analysis
dc.subject.otherEstimation theory
dc.subject.otherAutomobile insurance
dc.titleMultivariate INAR(1) Regression Models Based on the Sarmanov Distribution.
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion

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