On a class of approximations for ruin and waiting time probabilities
β Scribed by Gordon E. Willmot
- Book ID
- 108410529
- Publisher
- Elsevier Science
- Year
- 1998
- Tongue
- English
- Weight
- 89 KB
- Volume
- 22
- Category
- Article
- ISSN
- 0167-6377
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
In the compound Poisson risk model, several strong hypotheses may be found too restrictive to describe accurately the evolution of the reserves of an insurance company. This is especially true for a company that faces natural disaster risks like earthquake or flooding. For such risks, claim amounts
## Abstract The determination of steadyβstate characteristics in systems of tandem queues has been left to computer simulation because of the lack of exact solutions in all but the simplest newtorks. In this paper, several methods developed for approximating the average waiting time in singleβserve