A life table is an essential tool for valuing life insurance policies and it presents the probability distribution of the future life–time of a group of lives at the various ages. They are developed by the experts with ...

This study attempts to put forward a framework that can be utilized to model the dynamics of the underlying returns on asset. The intention is to probe the dynamic connection between volatility of stock returns and trading ...

The concern of this article is to derive a regime switching model that can be utilized to price European call options for a financial market that exhibits structural changes with time. The model is formulated based on the ...

The goal of this work is to create methods for enhancing measurement error using regression calibration as a strategy by combining two samples, thereby increasing the relative efficiency of linear regression models. ...

This study compares ways for improving regression calibration. This is a method for combining two samples in order to reduce measurement error and improve the relative efficiency of linear regression models. Since two ...