Arnold F. Shapiro

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Risk Management, Emeritus Professor

Department Risk Management
Office Address 361 Business Building
Email Address


Ph D, Applied Business and Economics, University of Pennsylvania, 1975

Courses Taught

INS 494H (99.9)
Supervised student activities on research projects identified on an individual or small-group basis.

INS 411 (3)
A study of the mathematical theory of life contingencies; single-life functions and their applications.

INS 412 (3)
Joint-life and survivor-life functions, population life tables, and multiple decrement theory, with applications to disability and retirement problems.

INS 410 (3)
Compound interest and annuity functions; equations of value; determination of yield rates; construction of tables.

INS 395 (99.9)
Supervised off-campus, nongroup instruction including field experiences, practica, or internships. Written and oral critique of activity required.

Selected Publications

Shapiro A. F., "Fuzzy random variables." Insurance: Mathematics and Economics, vol. 44, no. 2, 2009, pp. 307-314
Shapiro A. F., Koissi M. C., "Extensions of the Lee-Carter method and applications to life insurance mortality models." Actuarial Research Clearing House, 2009, pp. 1-32
Shapiro A. F., Koissi M. C., "Fuzzy regression and the term structure of interest rates-A least squares approach." Actuarial Research Clearing House, 2009, pp. 1-28
Shapiro A. F., "A Fuzzy Random Variable Primer." Actuarial Research Clearing House, (Actuarial Research Clearing House), 2008, pp. 1-14
Shapiro A. F., "An overview of insurance uses of fuzzy logic." Computational Intelligence in Economics and Finance, (Springer-Verlag), 2007, pp. 25-61