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- An Approach of Web Services Quality Attributes Specification (1)
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- EVALUATION TECHNIQUE IN THE SPI-CALCULUS FOR CRYPTOGRAPHIC PROTOCOLS (1)
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Articles 1 - 28 of 28
Full-Text Articles in Accounting
Full-Time Faculty Salaries By College By Rank & By Gender, Wku Faculty Senate
Full-Time Faculty Salaries By College By Rank & By Gender, Wku Faculty Senate
Faculty Senate
Report of full-time faculty salaries by college by rank and by gender for FY 2005-2006.
Methods And Systems For Valuing A Business Decision, Sridhar Ramamoorti, Peter Freeman, Anurag Agarwal
Methods And Systems For Valuing A Business Decision, Sridhar Ramamoorti, Peter Freeman, Anurag Agarwal
Accounting Faculty Publications
Methods, systems, and processor instructions to determine a first direct cost associated with at least a partial implementation of a business decision, the first direct cost including at least one of productivity gains and losses, determine a second direct cost based on a non-implementation of the business decision, the second direct cost based on the productivity gains and losses, determine a first risk reduction associated with at least a partial implementation of the business decision, the first risk reduction based on a business relationship risk(s), determine a second risk reduction associated with a non-implementation of the business decision, the second …
Corporate Governance, Strategy, And Supply Management Performance: An Empirical Analysis Of Companies Listed In The São Paulo Stock Exchange, Wesley Mendes-Da-Silva
Corporate Governance, Strategy, And Supply Management Performance: An Empirical Analysis Of Companies Listed In The São Paulo Stock Exchange, Wesley Mendes-Da-Silva
Wesley Mendes-Da-Silva
This paper examines whether the corporate governance structures of firms with diversified suppliers differ from those of firms with more specialized or concentrated suppliers. This study consists of multiple cross sections that cover the period between 1997 and 2001 and incorporates data collected from 176 industrial companies from fourteen industrial segments that listed stocks in Bovespa, the São Paulo Stock Exchange. This study based its exploration on the premise that minimized inventory and minimized days’ sales in inventory ratios define the best-performing supply management.
2004-2005 Financial Summary, Morehead State University. Budget & Financial Planning Office.
2004-2005 Financial Summary, Morehead State University. Budget & Financial Planning Office.
Morehead State University Financial Summaries Archive
2004-2005 Financial Summary of Morehead State University.
Involvement Of Porin N,N-Dicyclohexylcarbodiimide-Reactive Domain In Hexokinase Binding To The Outer Mitochondrial Membrane, Philadelphia University
Involvement Of Porin N,N-Dicyclohexylcarbodiimide-Reactive Domain In Hexokinase Binding To The Outer Mitochondrial Membrane, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Modeling And Analysis Of An On Line Fms, Philadelphia University
Modeling And Analysis Of An On Line Fms, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Novel Technique To Control The Premature Infant Incubator System Using Ann, Philadelphia University
Novel Technique To Control The Premature Infant Incubator System Using Ann, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Rules Of Ownership Of Artificial Persons Of Intellectual Property Rights -Comparative Study Between Jordanian, & French Laws-, Philadelphia University
Rules Of Ownership Of Artificial Persons Of Intellectual Property Rights -Comparative Study Between Jordanian, & French Laws-, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
The Role Of Knowledge Management In Enhancing The Competitiveness Of Small And Medium-Sized Enterprises (Smes), Philadelphia University
The Role Of Knowledge Management In Enhancing The Competitiveness Of Small And Medium-Sized Enterprises (Smes), Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Solar Cooker Utilizing Satellite Dish Technology, Philadelphia University
Solar Cooker Utilizing Satellite Dish Technology, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Evaluation Technique In The Spi-Calculus For Cryptographic Protocols, Philadelphia University
Evaluation Technique In The Spi-Calculus For Cryptographic Protocols, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
The State Of Engineering Postgraduate Studies In Iraqi Universities, Philadelphia University
The State Of Engineering Postgraduate Studies In Iraqi Universities, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
An Approach Of Web Services Quality Attributes Specification, Philadelphia University
An Approach Of Web Services Quality Attributes Specification, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
Journal Of Actuarial Practice - Volume 12 (2005) - Contents And Masthead
Journal Of Actuarial Practice - Volume 12 (2005) - Contents And Masthead
Journal of Actuarial Practice (1993-2006)
Contents
Editorial Policy: Topics suitable for this journal include AIDS, annuity products, asset-liability matching, cash-flow testing, casualty rate making, credibility theory, credit insurance, disability insurance, expense analysis, experience studies, FASB issues, financial reporting, group insurance, health insurance, individual risk taking, insurance regulations, international issues, investments, liability insurance, loss reserves, marketing, pensions, pricing issues, product development, reinsurance, reserving issues, risk-based capital, risk theory, social insurance, solvency issues, taxation, valuation issues, and workers' compensation
Review Process
Editor - Colin Ramsay, University of Nebraska
Associate Editors: Robert Brown, University of Waterloo ○ Cecil Bykerk, Mutual of Omaha ○ Ruy Cardoso, Actuarial Frameworks ○ …
Journal Of Actuarial Practice, Volume 12, 2005, Colin Ramsay , Editor
Journal Of Actuarial Practice, Volume 12, 2005, Colin Ramsay , Editor
Journal of Actuarial Practice (1993-2006)
ARTICLES
Risk-Based Regulatory Capital for Insurers: A Case Study • Christian Sutherland-Wong and Michael Sherris 5
A New Hybrid Defined Benefit Plan Design • Wayne E. Dydo . 47
A Primer on Duration, Convexity, and Immunization • Leslaw Gajek, Krzysztof Ostaszewski, and Hans-Joachim Zwiesler 59
Modeling Clusters of Extreme Losses • Beatriz Vaz de Melo Mendes and Juliana Sa Freire de Lima 83
Modeling Insurance Loss Data: The Log-EIG Distribution • Uditha Balasooriya, Chan Kee Low, and Adrian Y W Wong 101
A Modern Approach to Modeling Insurances on Two Lives • Maria Bilikova and Graham Luffrum 127
On the …
A Modern Approach To Modeling Insurances On Two Lives, Maria Bilikova, Graham Luffrum
A Modern Approach To Modeling Insurances On Two Lives, Maria Bilikova, Graham Luffrum
Journal of Actuarial Practice (1993-2006)
The analysis of life insurance contracts on two lives using the traditional deterministic approach has been an important part of actuarial education for the past fifty years or more. Recently there has been a shift from this deterministic approach to one using a more modern stochastic approach involving the future lifetime random variable. In this paper we will look at the problem using multiple-state models. In our view this approach allows a deeper analysis than either the traditional or the random future lifetime ones.
A New Hybrid Defined Benefit Plan Design, Wayne E. Dydo
A New Hybrid Defined Benefit Plan Design, Wayne E. Dydo
Journal of Actuarial Practice (1993-2006)
Traditional defined benefit plans can be difficult to understand and complex to administer. Hybrid plans (cash balance and pension equity) arose in part to address the former issue, but at a price of greater administrative and litigation risk. I introduce a design for defined benefit pension plans that is easy to communicate to participants, allows for accrual patterns that closely replicate those of the two most common forms of hybrid pension plans, and avoids the controversial nondiscrimination issues that currently trouble sponsors of hybrid plans. The design defines the benefit as a fixed percentage of pay payable over a period …
Optimal Dividend Strategies: Some Economic Interpretations For The Constant Barrier Case, Maite Marmol, M. Merce Claramunt, Antonio Alegre
Optimal Dividend Strategies: Some Economic Interpretations For The Constant Barrier Case, Maite Marmol, M. Merce Claramunt, Antonio Alegre
Journal of Actuarial Practice (1993-2006)
We consider the surplus process of a non-life insurance portfolio with a dividend component represented by a constant dividend barrier strategy. The optimal dividend barrier is known when individual claim amounts follow an exponential distribution. This result for the optimal dividend barrier is used to develop combinations of the levels of the insurer's initial surplus and of the barrier which, under certain economic and financial criteria, can be regarded as optimal.
Risk-Based Regulatory Capital For Insurers: A Case Study, Christian Sutherland-Wong, Michael Sherris
Risk-Based Regulatory Capital For Insurers: A Case Study, Christian Sutherland-Wong, Michael Sherris
Journal of Actuarial Practice (1993-2006)
We study the issues in determining regulatory capital requirements using advanced modeling by assessing and comparing capital requirements under the two alternative approaches. A dynamic financial analysis (DFA) model is used for this case study. These issues are of current international interest as regulators, insurers, and actuaries face the significant issues involved with the introduction of risk-based capital for insurers.
On The Pricing Of Top And Drop Excess Of Loss Covers, Jean-Francois Walhin, Michel Denuit
On The Pricing Of Top And Drop Excess Of Loss Covers, Jean-Francois Walhin, Michel Denuit
Journal of Actuarial Practice (1993-2006)
A top and drop cover is a treaty that can be found on the retrocession market. It offers capacity that can be used either to protect a top layer or a working layer. The former is called a "top" and the latter is called a "drop." Using the traditional collective risk model, we demonstrate the use of a multivariate version of Panjer's algorithm to price this cover. We also compare the premium obtained within the exact model with the premiums obtained either with the Frechet bounds or with the wrong assumption of independence.
Ultimate Ruin Probability For A Time-Series Risk Model With Dependent Classes Of Insurance Business, Lai Mei Wan, Kam Chuen Yuen, Wai Keung Li
Ultimate Ruin Probability For A Time-Series Risk Model With Dependent Classes Of Insurance Business, Lai Mei Wan, Kam Chuen Yuen, Wai Keung Li
Journal of Actuarial Practice (1993-2006)
We consider a discrete-time risk model with m (m ~ 2) dependent classes of insurance business. The claim processes of these m classes are assumed to follow a multivariate autoregressive time-series model of order 1. Given this claims model, we explore the probability of ultimate ruin assuming exponentially bounded claims. As an example, we use simulations to study the case where there are two business and the underlying losses are of two types: bivariate exponential and bivariate gamma claim distributions.
A Primer On Duration, Convexity, And Immunization, Leslaw Gajek, Krzysztof Ostaszewski, Hans-Joachim Zwiesler
A Primer On Duration, Convexity, And Immunization, Leslaw Gajek, Krzysztof Ostaszewski, Hans-Joachim Zwiesler
Journal of Actuarial Practice (1993-2006)
The concepts of duration, convexity, and immunization are fundamental tools of asset-liability management. This paper provides a theoretical and practical overview of the concepts, largely missing in the existing literature on the subject, and fills some holes in the body of research on the subject. We not present new research, but rather we provide a new presentation of the underlying theory, which we believe to be of value in the new North American actuarial education system.
Modeling Clusters Of Extreme Losses, Beatriz Vaz De Melo Mendes, Juliana Sa Freire De Lima
Modeling Clusters Of Extreme Losses, Beatriz Vaz De Melo Mendes, Juliana Sa Freire De Lima
Journal of Actuarial Practice (1993-2006)
We model extreme losses from an excess of loss reinsurance contract under the assumption of the existence of a subordinated process generating sequences of large claims. We characterize clusters of extreme losses and aggregate the excess losses within clusters. The number of clusters is modeled using the usual discrete probability models, and the severity of the sum of excesses within clusters is modeled using a flexible extension of the generalized Pareto distribution. We illustrate the methodology using a Danish fire insurance claims data set. Maximum likelihood point estimates and bootstrap confidence intervals are obtained for the parameters and statistical premium. …
Modeling Insurance Loss Data: The Log-Eig Distribution, Uditha Balasooriya, Chan Kee Low, Adrian Y.W. Wong
Modeling Insurance Loss Data: The Log-Eig Distribution, Uditha Balasooriya, Chan Kee Low, Adrian Y.W. Wong
Journal of Actuarial Practice (1993-2006)
The log-EIG distribution was recently introduced to the probability literature. It has positive support and a moderately long tail, and is closer to the lognormal than to the gamma or Weibull distributions. Our simulations show that data generated from a log-EIG distribution cannot be adequately described by lognormal, gamma, or Weibull distributions. The log-EIG distribution is a worthwhile candidate for modeling insurance claims (loss) data or lifetime data. Examples of fitting the log-EIG to published insurance claims data are given.
Reputation Pricing: A Model For Valuing Future Life Insurance Policies, Rami Yosef
Reputation Pricing: A Model For Valuing Future Life Insurance Policies, Rami Yosef
Journal of Actuarial Practice (1993-2006)
The reputation of a life insurer is used to develop a model for determining the value of future life insurance policies. An M / G / 00 process is used to describe the sales and terminations (due to death or maturity) of future policies. The intensity of the arrival process is assumed to depend on the company's reputation. Explicit expressions are derived for the actuarial reserves and expected profits of these future policies.
An Application Of Control Theory To The Individual Aggregate Cost Method, Alexandros A. Zimbidis, Steven Haberman
An Application Of Control Theory To The Individual Aggregate Cost Method, Alexandros A. Zimbidis, Steven Haberman
Journal of Actuarial Practice (1993-2006)
The paper investigates the individual aggregate cost method (also known as the individual spread-gain method), which is normally applicable in small pension funds or fully contributory schemes, using a control theoretical framework. We construct the difference equations describing the mechanisms of the respective funding method and then calculate the optimal control path of the contribution rate assuming (first) a stochastic and (second) a deterministic pattern for the future investment rates of return. For the first case, the optimal solution is achieved through a linear approximation and using stochastic optimization techniques. It is proved that the contribution rate is (optimally) controlled …
2005-2006 Operating Budget, Morehead State University. Budget & Financial Planning Office.
2005-2006 Operating Budget, Morehead State University. Budget & Financial Planning Office.
Morehead State University Operating Budgets Archive
2005-2006 Operating Budget of Morehead State University.
2004-2005 Morehead State University Audit Reports, Morehead State University. Accounting And Financial Services Office.
2004-2005 Morehead State University Audit Reports, Morehead State University. Accounting And Financial Services Office.
Morehead State University Audit Reports
2004-2005 Audit Report for Morehead State University.