Heras, A.; Vilar, J.L.; Gil, J.A. - In: The Geneva Risk and Insurance Review 27 (2002) 1, pp. 61-82
In this paper we try to evaluate the asymptotic fairness of bonus-malus systems, assuming the simplest case when there is no hunger for bonus. The asymptotic fairness has to be understood as the bonus-malus system ability in assessing the individual risks in the long run. Firstly we define the...
