On computing the expected discounted return in a markov chain

On a generalization of the expected disc

On a generalization of the expected discounted penalty function in a discrete-time insurance risk model

✍ David Landriault 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 139 KB 👁 2 views

## 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__ ∈ ℕ^+^) received per period. We derive an explicit expression for this g