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A Easy and Feasible Way to Construct the Joint-Life Status Life Table: Method and Theory
Ding Fangqing, Qian Linyi, Yang Yasong
Department of Mathematics and Physics, Hefei, University, School of Finance and Statistics, East China Normal University,
The future lifetimes of involved insured
persons in the multiple-life model are always assumed to be
independent in almost all actuarial textbooks. In this paper we
consider the two-life model and assume that the future lifetimes are
positively dependent. We use PQD (positively quadrant dependent) to
describe such dependence, and give a easy method to construct the
joint-life status life table.