@article{MohammadPour_Saeedi_Mahmoudvand_2017, title={Bonus-Malus System Using Finite Mixture Models}, volume={5}, url={http://iapress.org/index.php/soic/article/view/soic20170901}, DOI={10.19139/soic.v5i3.264}, abstractNote={There is a vast literature on Bonus-Malus System (BMS), in which a policyholders responsible for positive claims will be penalised by a malus and the policyholders who had no claim will be rewarded by a bonus. In this paper, we present an optimal BMS using finite mixture models.  We conduct a numerical study to compare the new model with the current BMS that use finite mixture models.}, number={3}, journal={Statistics, Optimization & Information Computing}, author={MohammadPour, Saeed and Saeedi, Karzan and Mahmoudvand, Rahim}, year={2017}, month={Aug.}, pages={179-187} }