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152 | #######################################################
## The Gini index from an ordered Lorenz curve ##
## Author: Wayne Zhang, actuary_zhang@hotmail.com ##
#######################################################
# class defining slots common to all derived classes
setClass("gini",
representation(
call = "call",
gini = "matrix",
sd = "matrix",
lorenz = "list")
)
# compute gini indices etc for model selections
gini <- function(loss, score, base = NULL, data, ...){
call <- match.call()
if (missing(loss) || missing(score))
stop("loss and score must be specified")
if (!is.character(loss) || !is.character(score) ||
(!is.null(base) && !is.character(base)))
stop("Arguments 'loss', 'score' and 'base' must be characters!")
# check base
if (length(base) > 1) {
base <- base[1]
warning("Only the first base premium is used!")
}
# check score
if (length(base) && (pos <- match(base, score, nomatch = 0))
&& length(score) > 1) {
score <- score[-pos]
warning(paste(base, "is removed from score!"))
}
# get loss and standardize so that mean is 1
y <- data[, loss] / mean(data[, loss])
sc <- data[, score, drop = FALSE]
# when the base premium is specified
if (!is.null(base)) {
P <- data[, base] / mean(data[, base])
ans <- do_gini(y, P, sc)
dimnames(ans$gini) <- dimnames(ans$sd) <- list(base, score)
ans$lorenz <- list(ans$lorenz)
names(ans$lorenz) <- base
} else { # model comparison using each score as a base
p <- length(score)
gi <- sd <- matrix(0, p, p)
lrz <- vector("list", p)
for (i in 1:p){
P <- sc[, i] / mean(sc[, i])
tmp <- do_gini(y, P, sc[, -i, drop = FALSE])
gi[i, -i] <- tmp$gini
sd[i, -i] <- tmp$sd
lrz[[i]] <- tmp$lorenz
}
dimnames(gi) <- dimnames(sd) <- list(score, score)
names(lrz) <- score
ans <- list(gini = gi, sd = sd, lorenz = lrz)
}
out <- new("gini", call = call, gini = ans$gini,
sd = ans$sd, lorenz = ans$lorenz)
return (out)
}
# compute the gini index, std errs, and the graph of the lorenz curve
do_gini <- function(y, P, S){
p <- ncol(S)
gi <- sd <- matrix(NA, 1, p)
ni <- 50
lrz <- matrix(0, ni, p)
n <- length(y)
for (i in 1:p){
# order by relativity
yP <- cbind(y, P)[order(S[, i] / P), ]
# distribution function
DF <- apply(yP / colSums(yP), 2, cumsum)
DF <- rbind(c(0, 0), DF)
# compute the gini index
gi[1, i] <- 1 - sum(diff(DF[, 2]) * (DF[2:(n + 1), 1] + DF[1:n, 1]))
# compute the standard errors
h1 <- 0.5 * (yP[, 2] * DF[-1, 1] + yP[, 1] * (1 - DF[-1, 2]))
mh1 <- mean(h1)
mh <- 0.5 * (1 - gi[1, i])
vh <- var(h1)
vhy <- cov(h1, yP[, 1])
vhP <- cov(h1, yP[, 2])
vy <- var(y)
vP <- var(P)
vyP <- cov(yP[, 1], yP[, 2])
v <- 4 * (4 * vh + mh^2 * (vy + vP) - 4 * mh * (vhy + vhP) + 2 * mh^2 * vyP)
sd[1, i] <- sqrt(v / n)
# compute the interpolations used for plots
lrz[, i] <- approx(DF[, 2:1], n = ni)[[2]]
}
#add cdf for premiums (this is the same across models)
lrz <- cbind(seq(0, 1, length = ni), lrz)
dimnames(lrz)[[2]] <- c(".P.", dimnames(S)[[2]])
# scale by 100
return(list(gini = gi * 100, sd = sd *100, lorenz = lrz * 100))
}
setMethod("show",
signature(object = "gini"),
function(object){
digits <- max(3, getOption("digits") - 3)
gi <- format(object@gini, digits = digits)
sd <- format(object@sd, digits = digits)
cat("\nCall:\n", paste(deparse(object@call), sep = "\n", collapse = "\n"),
"\n\n", sep = "")
cat("Gini indices:\n")
print.default(gi, print.gap = 2, quote = FALSE)
cat("\n")
cat("Standard errors:\n")
print.default(sd, print.gap = 2, quote = FALSE)
cat("\n")
if (nrow(object@gini) > 1) {
bm <- names(which.min(apply(object@gini, 1, max)))
} else {
bm <- colnames(object@gini)[which.max(object@gini[1, ])]
}
cat(paste("The selected score is ", bm, ".\n", sep = ""))
}
)
setMethod("plot",
signature(x = "gini", y = "missing"),
function(x, y, overlay = TRUE, ...) {
# -Wall: no binding or global variables in R check
Base <- Premium <- Score <- Loss <- NULL
lrz <- lapply(x@lorenz, as.data.frame)
pd <- lapply(1:length(lrz), function(t){
lrz[[t]]$Base <- rep(names(lrz)[t], nrow(lrz[[t]]))
melt(lrz[[t]], c("Base", ".P."))
})
pd <- do.call("rbind", pd)
names(pd) <- c("Base", "Premium", "Score", "Loss")
pd$Score <- factor(pd$Score, levels = eval(x@call$score))
pp <- ggplot(pd, aes(Premium, Loss))
pp <- pp + geom_line(aes(color = Score, linetype = Score)) +
geom_line(aes(Premium, Premium), color = gray(0.35))
if (overlay)
pp <- pp + facet_grid(Base~.) else
pp <- pp + facet_grid(Base~Score)
print(pp)
return(pp)
}
)
|