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Infinite Time Exact Ruin Probabilities in a Stochastic Economic Environment

by R. Manimaran
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 77 - Number 4
Year of Publication: 2013
Authors: R. Manimaran
10.5120/13380-0999

R. Manimaran . Infinite Time Exact Ruin Probabilities in a Stochastic Economic Environment. International Journal of Computer Applications. 77, 4 ( September 2013), 8-12. DOI=10.5120/13380-0999

@article{ 10.5120/13380-0999,
author = { R. Manimaran },
title = { Infinite Time Exact Ruin Probabilities in a Stochastic Economic Environment },
journal = { International Journal of Computer Applications },
issue_date = { September 2013 },
volume = { 77 },
number = { 4 },
month = { September },
year = { 2013 },
issn = { 0975-8887 },
pages = { 8-12 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume77/number4/13380-0999/ },
doi = { 10.5120/13380-0999 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:49:21.195572+05:30
%A R. Manimaran
%T Infinite Time Exact Ruin Probabilities in a Stochastic Economic Environment
%J International Journal of Computer Applications
%@ 0975-8887
%V 77
%N 4
%P 8-12
%D 2013
%I Foundation of Computer Science (FCS), NY, USA
Abstract

This article investigates the infinite-time ruin probabilities in a discrete-time stochastic economic environment platform under the assumption that the insurance risk-the total net loss within one time period is absolute-repeatedly-varying or suddenly-varying tailed, a different accurate estimates for the ruin probabilities are derived. In particular, some estimates found are standardized with respect to the time horizon, and so utilize in the case of infinite-time ruin.

References
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Index Terms

Computer Science
Information Sciences

Keywords

End point extended regular variation financial risk insurance risk rapid variation and ruin probability.

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