Homogeneous discrete time alternating compound renewal process: a disability insurance application (Q1666815)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Homogeneous discrete time alternating compound renewal process: a disability insurance application |
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Homogeneous discrete time alternating compound renewal process: a disability insurance application (English)
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27 August 2018
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Summary: Discrete time alternating renewal process is a very simple tool that permits solving many real life problems. This paper, after the presentation of this tool, introduces the compound environment in the alternating process giving a systematization to this important tool. The claim costs for a temporary disability insurance contract are presented. The algorithm and an example of application are also provided.
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