Accession Number : AD0784235
Title : Isotonic Optimization and Tariff Construction.
Descriptive Note : Research rept.,
Corporate Author : CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
Personal Author(s) : Jewell,William S.
Report Date : JUL 1974
Pagination or Media Count : 46
Abstract : The problem of the best fit to set ideal values under general inequality order restrictions is examined for asymmetric, quadratic, absolute, and Chebyshev norms. Special solution procedures are given in terms of network flow algorithms over a network associated with the given isotonic order relations, and the nature of the optimal solutions is characterized for the different norms. The model is formulated in terms of finding an optimal insurance rate structure over given risk classes for which a desired pattern of tariffs can be specified. (Modified author abstract)
Descriptors : *Network flows, Rates, Risk, Mathematical programming, Convex sets
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE