Abstract
The aim of this paper is to derive optimal premium principle by possibilistic theory. First, we extend the notion of weighting function and expected utility in possibilistic theory. Second, using the equivalent utility principle and expected utility maximization principle, we derive the representation of possibilistic exponential principle, variance principle and Esscher principle. Finally, these particular types of possibilistic premium principle in case of triangular fuzzy numbers are calculated and given as an example. This paper can be as a extend and a natural continuation of a result by [Georgescu, I. (2009) Possibilistic risk aversion. Fuzzy Sets and Systems].
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
