Micro mass nonnegative
ProvedActuarialAnnuities.micro_mass_nonnegativeactuarial-scienceannuity-cashflowfractionalsingle-life-annuities
Uniform subperiod splitting preserves nonnegativity of actual death-state masses. The theorem respects the exact payment-date, valuation and guarantee units in the underlying contract.
Mathematical relation:
This is an open derived mathematical target, with its complete assumptions recorded in the separate formal proposition.
Units: Probability, dimensionless, indexed in whole micro-instalments.
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_bUDDMicroMass
Formal statement
namespace ActuarialAnnuities theorem micro_mass_nonnegative (h m q : ℕ) (p : ℕ → ℝ) (hp : ∀ k, 0 ≤ p k) (hm : 0 < m) : 0 ≤ bUDDMicroMass h m p q := by sorry end ActuarialAnnuities
Source
Original derived finite annuity result. Contextual source page 152, Dickson, Hardy and Waters (2020), Actuarial Mathematics for Life Contingent Risks, third edition, Chapter 5 (and Chapter 4 for assurance). https://api.pageplace.de/preview/DT0400.9781108787406_A49239377/preview-9781108787406_A49239377.pdf. The exact definition or theorem is an original payment-event formalisation, not a numbered published result. Uniform subperiod splitting preserves nonnegativity of actual death-state masses.
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.