On the expected penalty functions in a discrete semi-Markov risk model with randomized dividends

DOI10.1016/j.cam.2016.07.024zbMath1354.91081OpenAlexW2503464622MaRDI QIDQ730544

Mi Chen, Kam Pui Wat, Kam-Chuen Yuen

Publication date: 28 December 2016

Published in: Journal of Computational and Applied Mathematics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.cam.2016.07.024

zbMATH Keywords

generating functionrecursive formulaexpected penalty functiondividendsemi-Markov risk model

Mathematics Subject Classification ID

Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20)

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