Stationary analysis of the surplus process in a risk model with investments
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초록

We consider a continuous time surplus process with investments the sizes of which are independent and identically distributed. It is assumed that an investment of the surplus to other business is made, if and only if the surplus reaches a given sufficient level. We establish an integro-differential equation for the distribution function of the surplus and solve the equation to obtain the moment generating function for the stationary distribution of the surplus. As a consequence, we obtain the first and second moments of the level of the surplus in an infinite horizon.

키워드

Integro-differential equationmoment generating functionrisk modelstationary distributionsurplus process
제목
Stationary analysis of the surplus process in a risk model with investments
저자
이의용
DOI
10.7465/jkdi.2014.25.4.915
발행일
2014-08
저널명
한국데이터정보과학회지
25
4
페이지
915 ~ 920