Christiansen, Marcus C.; Denuit, Michel M. - In: Insurance: Mathematics and Economics 52 (2013) 1, pp. 1-5
The present work complements the recent paper by Barz and Müller (2012). Specifically, upper and lower bounds are derived for the force of mortality when one-year death probabilities are given, assuming a monotonic, convex or concave shape. Based on these bounds, worst-case scenarios are...