Survival Models Analysis

The project involves the study of survival models and their use in actuarial practice at the final purpose of estimating the present value of the liabilities of a pension fund, or for the pricing of life insurance policies.  The first step is to find flexible, analytical hazard functions for individual mortality, especially the handling of duration.

Following a literature review of the statistics of censored data the student will work towards a critical analysis of the hazard function estimation methods, a development of programming skills for their implementation, and the development of new techniques or of existing ones.