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The Surplus and the Ideological Deficit

✍ Scribed by STANLEY K. SHEINBAUM


Book ID
109164060
Publisher
John Wiley and Sons
Year
1999
Weight
282 KB
Volume
16
Category
Article
ISSN
0893-7850

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We examine the joint distribution of the time of ruin, the surplus immediately before ruin, and the deficit at ruin. The time of ruin is analyzed in terms of its Laplace transform, which can naturally be interpreted as discounting. We show that, as a function of the initial surplus, the joint densit