Computational results on the compound binomial risk model with nonhomogeneous claim occurrences

Tuncel A., TANK F.

JOURNAL OF COMPUTATIONAL AND APPLIED MATHEMATICS, cilt.263, ss.69-77, 2014 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 263
  • Basım Tarihi: 2014
  • Doi Numarası: 10.1016/j.cam.2013.12.004
  • Dergi Adı: JOURNAL OF COMPUTATIONAL AND APPLIED MATHEMATICS
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.69-77
  • Anahtar Kelimeler: Compound binomial risk model, Nonhomogeneous claim occurrences, Non-ruin probability, Recursive formulae, RUIN PROBABILITIES
  • Ankara Üniversitesi Adresli: Evet

Özet

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. (C) 2013 Elsevier B.V. All rights reserved.