2026-04-17T15:55:34.250Z http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai

ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai:1:5258 2017-05-03T08:57:04Z 1

Decision based on a general premium principle in Cumulative Procpect Theory 2017 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/1/5258 Е. Пап A. Симићевић Б. Михаиловић М. Штрбоја Cumulative prospect theory (CPT) has provided one of the most influential accounts of how people make decisions under risk. CPT is the model for comparing two decisions amounts regarding two pairs of sets, the positive and negative features of the alternatives. The premium principle is a rule for assigning a premium to an insurance risk. In this article a general CPT premium principle is introduced and characterized. It covers many different types premium principles used in actuarial science, e.g., distortion premium principle, the net premium principle, the asymmetric Choquet integral based premium principle. Key words: decision making, general premium principle, Choquet integral, CPT-like integral conferenceObject Sinteza 2017