Chaos Theory Applied to Time Series of Insurance Claims (The Bolivian case 1975-2020)
- Authors
-
-
Iván Orlando Rojas Yanguas
, Instituto de Ciencias Económicas y Financieras, Universidad La Salle Bolivia, La Paz- BoliviaAuthor -
Héctor David Rodrigo Guzmán
, Universidad Mayor de San Andres, La Paz-BoliviaAuthor
-
- Keywords:
- Attractors, Randomness, Nonlinear Dynamic Systems, Direct Claims
- Abstract
-
The purpose of this research is to determine if the Insurance Claims in Bolivia is characterized as a random series par excellence (as the classical theory establishes), or if such characteristics correspond to processes explained mainly by Chaos Theory. For this, various classical statistical tests have been used, as well as those specifically designed to test chaotic characteristics such as fractal analysis and the presence of attractors. According to the results, it shows that the Insurance Claims in Bolivia, in the study period, meets the necessary and sufficient conditions to affirm that they come from a chaotic order with a single attractor.
- Downloads
-
Download data is not yet available.
- Author Biographies
- Downloads
- Published
- 2023-03-31 — Updated on 2024-04-03
- Versions
-
- 2023-03-31 (2)
- 2024-04-03 (1)
- Section
- Artículos
- License
-
Copyright (c) 2023 FIDES ET RATIO
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
How to Cite
Most read articles by the same author(s)
- Iván Orlando Rojas Yanguas, The Pension System in Bolivia, an unflattering perspective for the next generations of Retirees , FIDES ET RATIO: Vol. 16 No. 16 (2018): Fides Et Ratio