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https://doi.org/10.1109/smc.20...
Article . 2018 . Peer-reviewed
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Perceptron Model of Forecasting Life Exapectancy via Insurance Lee-Carter Mortality Function

Authors: Andreeski, Cvetko J.; Dimirovski, Georgi M.;

Perceptron Model of Forecasting Life Exapectancy via Insurance Lee-Carter Mortality Function

Abstract

Forecasting of mortality function is important for many field of human work like insurance companies, government projections of the human assets, medical research. During past years many models were presented. Most common Lee-Carter model is based on the log function on mortality rate which includes as input variables age, year of mortality function and bias, which also enables predicting the life expectancy. In this paper a perceptron based model with minimum number of nodes in the network having custom transfer function is proposed. Results are compared with Lee-Carter and other neural network based models by using MSE type of error. This model is simpler than other neural networks and is easier to handle adjusting the weights while computing results are rather comparable with those of more complex neural network models.

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Keywords

Mortality Function, Insurance companies, improved Lee-Carter model, Lee-Carter model, forecasting, insurance policy, Insurance policies, Insurance, Life Expectancy, Medical research, Complex neural networks, mortality function, Life expectancies, ANN based models, Mortality rate, Input variables, ANN Based Models, Insurance Policy, life expectancy, Improved Lee-Carter Model, Cybernetics, Forecasting

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
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