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Dergiler / Sigma Mühendislik ve Fen Bilimleri Dergisi / 2018 / Cilt: 36 - Sayı: 2

THE FORCE OF RUIN

Şule ŞAHİN
Başak BULUT KARAGEYİK
Sayfa
563–575
Yayın Tarihi
2018-06-01
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

We also obtain FoR under the excess of loss reinsurance arrangement and examine the effect of reinsurance on the FoR.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:This paper introduces a hazard rate function for the time of ruin to calculate the conditional probability of ruin for very small time intervals.
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Temel Bulgular & Veri:We call this function as the force of ruin (FoR).
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Sonuç & Katkı:We also obtain FoR under the excess of loss reinsurance arrangement and examine the effect of reinsurance on the FoR.
🔬Tür:Araştırma Makalesi
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:conditional time of ruin · exact finite time ruin probability · the force of ruin

Abstract

This paper introduces a hazard rate function for the time of ruin to calculate the conditional probability of ruin for very small time intervals. We call this function as the force of ruin (FoR). We obtain the expected time of ruin and conditional expected time of ruin from the exact finite time ruin probability with exponential claim amounts. Then, we introduce the FoR which gives the conditional probability of ruin and the condition is that ruin has not occurred at time t. We analyse the behaviour of the FoR function for different initial surpluses over a specific time interval. We also obtain FoR under the excess of loss reinsurance arrangement and examine the effect of reinsurance on the FoR.

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Bu Makaleye Atıf Yap

ŞAHİN, Ş., KARAGEYİK, B. B. (2018). THE FORCE OF RUIN. Sigma Mühendislik ve Fen Bilimleri Dergisi, Cilt: 36 - Sayı: 2, 563–575. https://ajindex.com/articles/419189

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Kaynakça (18)

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