A Sarmanov Distribution with Beta Marginals: An Application to Motor Insurance Pricing

Background: The Beta distribution is useful for fitting variables that measure a probability or a relative frequency. Methods: We propose a Sarmanov distribution with Beta marginals specified as generalised linear models. We analyse its theoretical properties and its dependence limits. Results: We u...

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Bibliographic Details
Published in:Mathematics
Main Authors: Catalina Bolancé, Montserrat Guillen, Albert Pitarque
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Subjects:
beta regression
dependence
bivariate Sarmanov distribution
estimation
telematics
insurance
Online Access:https://www.mdpi.com/2227-7390/8/11/2020

Internet

https://www.mdpi.com/2227-7390/8/11/2020

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