ExposureCurvePareto {NetSimR}

Exposure Curve from a Pareto severity distribution

Description

Exposure Curve from a Pareto severity distribution

Usage

ExposureCurvePareto(x, scale, shape)

Arguments

x

A positive real number - the claim amount where the exposure curve will be evaluated.

scale

A positive real number - the scale parameter of the Claim Severity's Pareto distribution.

shape

A positive real number - the shape parameter of the Claim Severity's Pareto distribution.

Value

The value of the Exposure curve at x with Claim Severity from a Pareto distribution with parameters scale and shape.

Examples

ExposureCurvePareto(700,500,1.2)
ExposureCurvePareto(20000,200,1.1)