Computational results on the compound binomial risk model with nonhomogeneous claim occurrences
Künye
Tuncel, Altan & Tank, Fatih. (2014). Computational results on the compound binomial risk model with nonhomogeneous claim occurrences. Journal of Computational and Applied Mathematics. 263. 69–77.Özet
The aim of this paper is to give a recursive formula for non-ruin (survival) probability when the claim occurrences are nonhomogeneous in the compound binomial risk model. We give recursive formulas for non-ruin (survival) probability and for distribution of the total number of claims under the condition that the claim occurrences are nonhomogeneous. (C) 2013 Elsevier B.V. All rights reserved.