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The Demand for Life Insurance

Dynamic Ecological Systemic Theory Using Machine Learning Techniques

Wookjae Heo

PDF
ca. 53,49
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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Einzelne Wirtschaftszweige, Branchen

Beschreibung

This book, adopting machine learning techniques for the financial planning field, explores the demand for life insurance as seen in previous literature and both estimates and predicts the demand for the adoption of life insurance using these techniques. Previous studies used diverse perspectives, like actuarial and life span, in order to understand the demand for life insurance, though these approaches have shown inconsistent findings. Employing two theoretical backgrounds—ecological systemic theory and artificial intellectual methodology—this book explores a better estimation and a prediction of the demand for life insurance and will be of interest to academics and students of insurance, financial planning, and risk management.

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Schlagwörter

Financial Planning, Prediction with Dynamic Approach, insurance, household finance, Life Insurance, Machine Learning, Insurance Planning, Ecological Systemic Theory