Cover Journal of Applied Meteorology and Climatology
Journal of Applied Meteorology and Climatology
All Time Past Year Past 30 Days
Abstract Views 0 0 0
Full Text Views 268 14 1
PDF Downloads 9 2 0
Editorial Type:
Article
Article Type:
Research Article

The Cost/Loss Utility Ratio

Bernard ShorrThe Travelers Insurance Company, Hartford, Conn

Search for other papers by Bernard Shorr in
Current site
Google Scholar
PubMedClose
Print Publication:
01 Dec 1966
DOI:
https://doi.org/10.1175/1520-0450(1966)005<0801:TCUR>2.0.CO;2
Page(s):
801–803
Full access

Abstract

The cost/loss ratio (C/ L) is examined from the point of view of utility analysis. A simple adjustment factor is proposed to compensate for errors which may arise when dollar rather than utility values are used for C and L.

Abstract

The cost/loss ratio (C/ L) is examined from the point of view of utility analysis. A simple adjustment factor is proposed to compensate for errors which may arise when dollar rather than utility values are used for C and L.

Save