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.
|ARC research project:||Survival Models Analysis|
|ARC scholar:||Francesco Ungolo|
|University:||Heriot Watt University|
|Period of research:||January 2016 – July 2019|
|Academic supervisors:||Marcus Christiansen, Angus Macdonald|
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