Construct · 1 fields · 1 citations

Cairns-Blake-Dowd model: a standalone construct

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Actuarial science

a stochastic mortality model in which the logit of one-year death probabilities is linear in age with two random period factors.

In actuarial science, Cairns-Blake-Dowd model refers to a stochastic mortality model in which the logit of one-year death probabilities is linear in age with two random period factors. This meaning comes from Cairns (2006) in Journal of Risk and Insurance.[1]

Unit
Recovery means
Measured by

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Nearby constructs

model3 fields · 3 citationsjingle · one word, three constructs mortality4 fields · 5 citationsjingle · one word, four constructs period1 fields · 1 citationsanchor · a standalone construct

References

Cairns, A. J. G., Blake, D., & Dowd, K. (2006). A Two‐Factor Model for Stochastic Mortality with Parameter Uncertainty: Theory and Calibration. Journal of Risk and Insurance, 73(4), 687-718. https://doi.org/10.1111/j.1539-6975.2006.00195.x

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