Homogeneous discrete time alternating compound renewal process: a disability insurance application (Q1666815)

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scientific article; zbMATH DE number 6927451
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    Homogeneous discrete time alternating compound renewal process: a disability insurance application
    scientific article; zbMATH DE number 6927451

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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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