search for: clarkdemo

...Reserving: A Maximum Likelihood Approach." Clark's methods are ready to be put to use on a wide variety of "triangles". To see a demonstration of the example in Clark's paper (ChainLadder's "GenIns" is the same dataset), run > library(ChainLadder) > demo(clarkDemo) This will run the "LDF Method" with the loglogistic growth function limited to 20 years of development, per Clark's example. It will also run the "CapeCod Method" with the weibull growth function. In both cases, per Clark's recommendation, the option is selected to fit...