mbbefd (version 0.8.8)

exposureCurve: Exposure curves for the beta and the uniform distributions.

Description

An exposure curve is defined between x between 0 and 1 and represents the ratio of the limited expected value to unlimited expected value.

Usage

ecbeta(x, shape1, shape2)
ecunif(x, min = 0, max =1)

Arguments

x

x value, percentage of damage to total loss

shape1, shape2

parameters for the beta distribution.

min, max

parameters for the uniform distribution.

Value

A numeric value

Details

ecbeta, ecunif is the theoretical exposure curve function for beta and uniform distribution.

References

BERNEGGER, STEFAN. THE SWISS RE EXPOSURE CURVES AND THE MBBEFD DISTRIBUTION CLASS. Astin Bulletin (1997): 99.

See Also

ecmbbefd and ecMBBEFD are implemented in mbbefd-distr. See also Uniform, Beta, swissRe.

Examples

# NOT RUN {
x <- 0.2
ecbeta(x, 2, 3)
ecunif(x)


# }