Abstract
This paper describes an online solution for visualizing the simulation of a discrete time Markov chain using an animated graph. Based on the D3.js library, the development of this solution offers the user the choice between a presentation based on the concept of a probabilistic graph oriented and a presentation of the transitions in a matrix framework. As an application the solution helps to describe the dynamics of individual policyholders in a Bonus-Malus system of automobile insurance.
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Articles in the same Issue
- Featured Articles
- Graphic and Numerical Evolution of a Bonus-Malus System via Markov Chain Models
- Dynamic Hedging Strategies Based on Changing Pricing Parameters for Compound Ratchets
- Analysis of Cost Efficiency of Indian Life Insurers: A comparison of Quantity vs Value based DEA Approach
- Allocating Overseas: Risk Assessment of Currency Hedging in Taiwan Life Insurance Industry
- On Three Standard Results in the Theory of Insurance Demand
- Monopoly, Heterogeneous Beliefs and Imperfect Information: The Insurance Market
- Does Captive Insurance Improve Firm Value? Evidence from S&P 500 Companies
- Actuarial Modeling and Analysis of the Hong Kong Life Annuity Scheme
Articles in the same Issue
- Featured Articles
- Graphic and Numerical Evolution of a Bonus-Malus System via Markov Chain Models
- Dynamic Hedging Strategies Based on Changing Pricing Parameters for Compound Ratchets
- Analysis of Cost Efficiency of Indian Life Insurers: A comparison of Quantity vs Value based DEA Approach
- Allocating Overseas: Risk Assessment of Currency Hedging in Taiwan Life Insurance Industry
- On Three Standard Results in the Theory of Insurance Demand
- Monopoly, Heterogeneous Beliefs and Imperfect Information: The Insurance Market
- Does Captive Insurance Improve Firm Value? Evidence from S&P 500 Companies
- Actuarial Modeling and Analysis of the Hong Kong Life Annuity Scheme