The best available approximation to the truth

In my role as guest editor of the British Actuarial Journal, I wrote an editorial piece about how actuaries can assess the suitability (or otherwise) of models for projecting mortality rates.  The editorial can be downloaded on the right; it covers various aspects of mortality-projection models including:

Kai
(May 6, 2013)
Stephen,
I rarely find that I can unequivocally agree with an editorial. It does not surprise me, however, that I entirely agree with your comments in the editorial - and have to admit that it served its real purpose, too, which was to make the reader curious and eager to read the Journal itself.
Good job!
Kai

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 editorial.pdf 107.75KB