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Ver.pdf

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🔗 Source: cemapre.iseg.ulisboa.pt

📊 Size: 199 KB

📄 Pages: 18 pages

⬇️ Downloads: 76

Summary

Ruin problems in the generalized Erlang(n) risk model are considered, where interclaim times are Generalized Erlang(n) distributed. The roots of the generalized Lundberg's equation with positive real parts can be multiple, impacting the formulae for ruin probabilities. A method is presented to solve an integro-differential equation satisfied by the survival probability, and the cases of single and multiple roots are studied. The number of double roots depends on the choice of parameters of the generalized Erlang(n) distribution. The distribution of the maximum severity of ruin and the expected discounted future dividends prior to ruin are also examined.

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Description

Ruin problems in the generalized Erlang(n) risk model are considered, where interclaim times are Generalized Erlang(n) distributed.

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File Format: PDF
File Size: 199 KB
Pages: 18
Language: EN
Total Downloads: 76
Last Updated: 4 hours ago

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