(2019) Durowaa-Boateng, Afua; Krutto, Annika, juhendaja; Tartu Ülikool. Loodus- ja täppisteaduste valdkond; Tartu Ülikool. Matemaatika ja statistika instituut
We study the lifetime cost of cognitive impairment in post-retirement long-term care. The contribution of this thesis is to design a model for various levels of cognitive impairment in post-retirement period, using time-continuous Markov process, with focus
on the actuarial present value of costs associated with the levels of cognitive impairment in the model.