Application of Markov prediction method in the decision of insurance company
Authors
Yuzhen Lu, Min Zhang, Ting Yu, Minghui Qu
Corresponding Author
Yuzhen Lu
Available Online May 2014.
- DOI
- 10.2991/lemcs-14.2014.69How to use a DOI?
- Keywords
- Markov; prediction; distribution; market; share
- Abstract
This paper studies the theory of Markov knowledge, what’s more, it surveys and analysis the market share. Then for three specific companies, the paper builds a model using Markov theory based on companies of insurance market. Through the model, it analysis several possible circumstances and puts forward the way to deal with them. Furthermore, it predicts and analyzes the distribution of market shares in the later period, which provides references for companies.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yuzhen Lu AU - Min Zhang AU - Ting Yu AU - Minghui Qu PY - 2014/05 DA - 2014/05 TI - Application of Markov prediction method in the decision of insurance company BT - Proceedings of the International Conference on Logistics, Engineering, Management and Computer Science PB - Atlantis Press SP - 294 EP - 297 SN - 1951-6851 UR - https://doi.org/10.2991/lemcs-14.2014.69 DO - 10.2991/lemcs-14.2014.69 ID - Lu2014/05 ER -