Panjer recursion

id: panjer-recursion-319-1327456
title: Panjer recursion
text: The Panjer recursion is an algorithm to compute the probability distribution approximation of a compound random variable S = ∑ i = 1 N X i where both N and X i are random variables and of special types. In more general cases the distribution of S is a compound distribution. The recursion for the special cases considered was introduced in a paper by Harry Panjer. It is heavily used in actuarial science.
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/Panjer_recursion
date created:
date modified: 2024-01-11T23:16:19Z
main entity: {"identifier":"Q2049540","url":"https://www.wikidata.org/entity/Q2049540"}
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fields total: 13
integrity: 13

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