[article]
Titre : |
Development of utility function for life insurance buyers in the Indian market |
Type de document : |
texte imprimé |
Auteurs : |
Dutta, G., Auteur ; S. Basu, Auteur ; J. John, Auteur |
Année de publication : |
2010 |
Article en page(s) : |
pp. 585–593 |
Note générale : |
Recherche opérationnelle |
Langues : |
Anglais (eng) |
Mots-clés : |
Finance Mathematical programming Utility theory |
Index. décimale : |
001.424 |
Résumé : |
Insurance as a financial instrument has been used for a long time. The dramatic increase in competition within the insurance sector (in terms of providers coupled with awareness for the need for insurance) has concomitantly resulted in more policy options being available in the market. The insurance seller needs to know the buyer's preference for an insurance product accurately. Based on such multi-criterion decision-making, we use a logarithmic goal programming method to develop a linear utility model. The model is then used to develop a ready reckoner for policies that will aid investors in comparing them across various attributes. |
DEWEY : |
001.424 |
ISSN : |
0160-5682 |
En ligne : |
http://www.palgrave-journals.com/jors/journal/v61/n4/abs/jors200926a.html |
in Journal of the operational research society (JORS) > Vol. 61 N° 4 (Avril 2010) . - pp. 585–593
[article] Development of utility function for life insurance buyers in the Indian market [texte imprimé] / Dutta, G., Auteur ; S. Basu, Auteur ; J. John, Auteur . - 2010 . - pp. 585–593. Recherche opérationnelle Langues : Anglais ( eng) in Journal of the operational research society (JORS) > Vol. 61 N° 4 (Avril 2010) . - pp. 585–593
Mots-clés : |
Finance Mathematical programming Utility theory |
Index. décimale : |
001.424 |
Résumé : |
Insurance as a financial instrument has been used for a long time. The dramatic increase in competition within the insurance sector (in terms of providers coupled with awareness for the need for insurance) has concomitantly resulted in more policy options being available in the market. The insurance seller needs to know the buyer's preference for an insurance product accurately. Based on such multi-criterion decision-making, we use a logarithmic goal programming method to develop a linear utility model. The model is then used to develop a ready reckoner for policies that will aid investors in comparing them across various attributes. |
DEWEY : |
001.424 |
ISSN : |
0160-5682 |
En ligne : |
http://www.palgrave-journals.com/jors/journal/v61/n4/abs/jors200926a.html |
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