Pinquet, Jean; Ayuso, Mercedes; Guillén, Montserrat - In: Journal of Risk & Insurance 74 (2007) 2, pp. 425-440
Selection bias results from a discrepancy between the range of estimation of a statistical model and its range of application. This is the case for fraud risk models, which are estimated on audited claims but applied on incoming claims in the design of auditing strategies. Now audited claims are...