An axiomatic theory for anonymized risk sharing
“Four axioms natural in such a framework — actuarial fairness, risk fairness, risk anonymity, and operational anonymity — are put forward and discussed.” Lire
The Gerber-Shiu discounted penalty function: From practical perspectives
“The Gerber-Shiu function provides a unified framework for the evaluation of a variety of risk quantities. Ever since its establishment, it has attracted constantly increasing interests in actuarial science, whereas the conventional research has been focused on finding analytical or semi-analytical solutions, either of which is rarely available, except for limited classes of penalty functions […]