The Life Care Annuity: enhancing product features and refining pricing methods

By Giovanna Apicella, Marcellino Gaudenzi, Andrea Molent

Rating

1616
Battle Count: 143

Relevance

6/10
While primarily focused on insurance products, the pricing and optimization techniques could be adapted for certain financial derivatives.

Implementation Complexity

8/10
The Tree-LTC method requires sophisticated numerical techniques and understanding of stochastic processes.

Reproducibility

4/5
The paper provides detailed descriptions of the methodology and numerical experiments, including parameter values used.

About this paper

Methodology: Tree-LTC. Problem types: Pricing, Optimization.

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