article caught my eye due to mention of bayesians
just by reading the introduction :
- estimating dirstribution for claim reserves rather than best estimate using stochastic methods
- i assume by claim reserves we mean how they fluctuate with different experience
- paper looks at the differenc stochastic models
- using bayesian methods judgements can be applied to stochastic models but this is not focus of paper
- process is mechanical analysis then applying expert judgements