Construct · 1 fields · 1 citations

Wang transform: a standalone construct

One name. One construct. A landmark on the map.

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Wangtransform1 CONSTRUCTWang transformWANG · ACTUARIAL SCIENCE

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Actuarial science

a distortion operator that shifts normal quantiles of a loss distribution so insurance and financial risks can be priced in one framework.

In actuarial science, Wang transform refers to a distortion operator that shifts normal quantiles of a loss distribution so insurance and financial risks can be priced in one framework. This meaning comes from Wang (2000) in The Journal of Risk and Insurance.[1]

Unit
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Nearby constructs

distortion4 fields · 7 citationsjingle · one word, four constructsdistribution2 fields · 2 citationsjingle · one word, two constructsloss2 fields · 3 citationsjingle · one word, two constructs

References

  1. Wang, S. S. (2000). A Class of Distortion Operators for Pricing Financial and Insurance Risks. The Journal of Risk and Insurance, 67(1), 15. https://doi.org/10.2307/253675

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