Computational results on the compound binomial risk model with nonhomogeneous claim occurrences
| Authors |
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| Publication date |
2013
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| Journal |
Journal of Computational and Applied Mathematics
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| Volume | Issue number |
263
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| Pages (from-to) |
69-77
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
The aim of this paper is to give a recursive formula for non-ruin (survival) probability when the claim occurrences are nonhomogeneous in the compound binomial risk model. We give recursive formulas for non-ruin (survival) probability and for distribution of the total number of claims under the condition that the claim occurrences are nonhomogeneous.
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| Document type |
Article
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| Language |
English
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| Published at |
https://doi.org/10.1016/j.cam.2013.12.004
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