Evaluates the one-step gain using the actual force of interest and the
assumed survival probability.
Usage
GI_cont(Vt, Vt1, P, delta_actual, p_assumed, benefit = 0, h = 1)
Arguments
- Vt
Reserve at time `t`.
- Vt1
Reserve at time `t + h`.
- P
Premium rate.
- delta_actual
Actual force of interest.
- p_assumed
Assumed survival probability over the step.
- benefit
Benefit paid at the start of the step.
- h
Positive step length.
Value
Numeric vector of interest gain values.
Examples
GI_cont(
Vt = 10,
Vt1 = 11,
P = 1,
delta_actual = 0.05,
p_assumed = 0.99
)
#> [1] 0.6739821