A Class of Non-Stationary Reward Processes with Applications to Pension Accumulation

DOI10.1080/03461238.1993.10413914zbMATH Open0783.62087OpenAlexW1982029704MaRDI QIDQ3142175FDOQ3142175

Authors: Izzet Sahin 

Publication date: 5 April 1994

Published in: Scandinavian Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/03461238.1993.10413914

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zbMATH Keywords

momentsdistributionsnonstationary generalizations of renewal reward processessojourn time problemsU.S. private pension systemwork life pension benefits

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Markov renewal processes, semi-Markov processes (60K15) Applications of Markov renewal processes (reliability, queueing networks, etc.) (60K20)

Cites Work

• Title not available (Why is that?)
• Calculation of the cost of warranty policies as a function of estimated life distributions
• A stochastic theory of pension dynamics
• Cumulative constrained sojourn times in semi-Markov processes with an application to pensionable service

Cited In (4)

• The persistent-transitory representation for earnings processes
• A realistic non-homogeneous stochastic pension fund model on scenario basis
• A Stochastic Model for Pensionable Service
• Transient results for a high demand CCRC model

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