Research on Problem about Technology Insurance Pricing based on Backward Stochastic Differential Equation Theory

DOI

10.2991/iea-15.2015.163How to use a DOI?

Keywords

backward stochastic differential equation theory; technology insurance; pricing research.

Abstract

The development of Backward Stochastic Differential Equation Theory is just a thing happened in the past years. Although its development and application is far behind Forward Stochastic Differential Equation, its wide application prospect on financial mathematics gets more and more attention. The meaning of Backward Stochastic Differential Equation is that change a already-known final (usually uncertain) goal into a present certain answer to make a present resolution. But Insurance Pricing happens to know the final result, it’s certain that the result is uncertain, that is to say, to get out of danger or not. And then make present insurance price according to the future uncertain result. The Insurance Pricing just follows the meaning of Backward Stochastic Differential Equation. Insurance Pricing itself is also a research field sprang up in past scores of years, because insurance pricing is the indisputable core of insurance work, and gets quite a few researchers’ attention. This article adopts backward stochastic differential equation theory and do research on problem about technology insurance pricing.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xu Siyun
AU  - Han Zhuhua
PY  - 2015/09
DA  - 2015/09
TI  - Research on Problem about Technology Insurance Pricing based on Backward Stochastic Differential Equation Theory
BT  - Proceedings of the AASRI International Conference on Industrial Electronics and Applications (2015)
PB  - Atlantis Press
SP  - 659
EP  - 662
SN  - 2352-5401
UR  - https://doi.org/10.2991/iea-15.2015.163
DO  - 10.2991/iea-15.2015.163
ID  - Siyun2015/09
ER  -