• Title of article

    Ruin probabilities for time-correlated claims in the compound binomial model

  • Author/Authors

    Yuen، نويسنده , , K.C. and Guo، نويسنده , , J.Y.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    11
  • From page
    47
  • To page
    57
  • Abstract
    In this paper we consider the ruin probability for a risk process with time-correlated claims in the compound binomial model. It is assumed that every main claim will produce a by-claim but the occurrence of the by-claim may be delayed. Recursive formulas for the finite time ruin probabilities are obtained and explicit expressions for ultimate ruin probabilities are given in two special cases.
  • Keywords
    By-claim , Gambler’s ruin , Compound binomial , Main claim , generating function , Ruin probability , Survival probability
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2001
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542408