mcStates: Access Markov Chain States in the MACRAME Algorithm

In ProfileLadder: Functional Profile Chain Ladder for Claims Reserving

Access Markov Chain States in the MACRAME Algorithm

Description

Retrieves the Markov chain components from a profileLadder object returned from the function mcReserve() – in particular, the function returns the vector of states used by the underlying Markov Chain utilized in the MACRAME reserve prediction.

Usage

mcStates(object)

Arguments

object

An object of class profileLadder.

Value

The vector of the Markov chain states that are used by the MACRAME algorithm.

See Also

mcReserve(), mcBreaks(), mcTrans()

Examples

## MACRAME reserve prediction with the DEFAULT Markov chain setup 
output <- mcReserve(CameronMutual)

## Extracting the corresponding break points
mcStates(output)

ProfileLadder documentation built on Aug. 8, 2025, 6:10 p.m.