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Expected discounted dividends in a discrete semi-Markov risk model

โœ Scribed by Chen, Mi; Guo, Junyi; Wu, Xueyuan


Book ID
121667007
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
457 KB
Volume
266
Category
Article
ISSN
0377-0427

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## Abstract In this paper, we propose a generalization of the expected discounted penalty function and analyze the proposed analytic tool in the framework of the compound binomial model with a general premium rate __c__ (__c__โ€‰โˆˆโ€‰โ„•^+^) received per period. We derive an explicit expression for this g