wright: Create list for Generalized Hoerl Curve with individual...

Description Usage Arguments Details

View source: R/wright.R

Description

g itself Basic design is for g to be a function of a single parameter vector, however in the simulations it is necessary to work on a matrix of parameters, one row for each simulated parameter, so g_obj must be flexible enough to handle both. Here g_obj is Wright's operational time model with separate level by accident year

Usage

1
wright(B0, paid_to_date, upper_triangle_mask)

Arguments

B0

development triangle

paid_to_date

numeric vector of length size. It is the lower diagnal of the development triangle in row order. It represents the amount paid to date.

upper_triangle_mask

is a mask matrix of allowable data, upper triangular assuming same development increments as exposure increments

Details

Wright considered two similar curves representing loss volume as a year aged, using the variable t to represent what he calls “operational time.”


rmsharp/stochasticreserver documentation built on Nov. 5, 2019, 3:13 a.m.