On a Discrete Time Semi-Markov Risk Model with Dividends and Stochastic Premiums

Journal Title: Journal of Advances in Mathematics and Computer Science - Year 2017, Vol 23, Issue 1

Abstract

A discrete semi-Markov risk model with dividends and stochastic premiums is investigated. We derive recursive equations for the expected penalty function by using the technique of probability generating function. Finally, a numerical example is given to illustrate the applicability of the results obtained.

Authors and Affiliations

Cui Wang

Keywords

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  • EP ID EP321882
  • DOI 10.9734/JAMCS/2017/34678
  • Views 107
  • Downloads 0

How To Cite

Cui Wang (2017). On a Discrete Time Semi-Markov Risk Model with Dividends and Stochastic Premiums. Journal of Advances in Mathematics and Computer Science, 23(1), 1-11. https://europub.co.uk/articles/-A-321882