Bounds for a sum of random variables under a mixture of normals

In two papers: Dhaene et al. (2002). Insurance: Mathematics and Economics 31, pp.3-33 and pp. 133-161, the approximation for sums of random variables (rv’s) was derived for the case where the distribution of the components is lognormal and known, but the stochastic dependence structure is unknown or...

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Дата:2007
Автори: Kukush, A., Pupashenko, M.
Формат: Стаття
Мова:English
Опубліковано: Інститут математики НАН України 2007
Онлайн доступ:https://nasplib.isofts.kiev.ua/handle/123456789/4515
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Назва журналу:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Цитувати:Bounds for a sum of random variables under a mixture of normals / A. Kukush, M. Pupashenko // Theory of Stochastic Processes. — 2007. — Т. 13 (29), № 4. — С. 82–97. — Бібліогр.: 3 назв.— англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
id nasplib_isofts_kiev_ua-123456789-4515
record_format dspace
spelling Kukush, A.
Pupashenko, M.
2009-11-24T15:28:15Z
2009-11-24T15:28:15Z
2007
Bounds for a sum of random variables under a mixture of normals / A. Kukush, M. Pupashenko // Theory of Stochastic Processes. — 2007. — Т. 13 (29), № 4. — С. 82–97. — Бібліогр.: 3 назв.— англ.
0321-3900
https://nasplib.isofts.kiev.ua/handle/123456789/4515
In two papers: Dhaene et al. (2002). Insurance: Mathematics and Economics 31, pp.3-33 and pp. 133-161, the approximation for sums of random variables (rv’s) was derived for the case where the distribution of the components is lognormal and known, but the stochastic dependence structure is unknown or too cumbersome to work with. In finance and actuarial science a lot of attention is paid to a regime switching model. In this paper we give the approximation for sums under a mixture of normals and consider approximate evaluation of provision under switching regime.
A. Kukush is supported by the grant from the authorities of K.U. Leuven, Belgium, and by the Swedish Institute grant SI-01424/2007.
en
Інститут математики НАН України
Bounds for a sum of random variables under a mixture of normals
Article
published earlier
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
collection DSpace DC
title Bounds for a sum of random variables under a mixture of normals
spellingShingle Bounds for a sum of random variables under a mixture of normals
Kukush, A.
Pupashenko, M.
title_short Bounds for a sum of random variables under a mixture of normals
title_full Bounds for a sum of random variables under a mixture of normals
title_fullStr Bounds for a sum of random variables under a mixture of normals
title_full_unstemmed Bounds for a sum of random variables under a mixture of normals
title_sort bounds for a sum of random variables under a mixture of normals
author Kukush, A.
Pupashenko, M.
author_facet Kukush, A.
Pupashenko, M.
publishDate 2007
language English
publisher Інститут математики НАН України
format Article
description In two papers: Dhaene et al. (2002). Insurance: Mathematics and Economics 31, pp.3-33 and pp. 133-161, the approximation for sums of random variables (rv’s) was derived for the case where the distribution of the components is lognormal and known, but the stochastic dependence structure is unknown or too cumbersome to work with. In finance and actuarial science a lot of attention is paid to a regime switching model. In this paper we give the approximation for sums under a mixture of normals and consider approximate evaluation of provision under switching regime.
issn 0321-3900
url https://nasplib.isofts.kiev.ua/handle/123456789/4515
citation_txt Bounds for a sum of random variables under a mixture of normals / A. Kukush, M. Pupashenko // Theory of Stochastic Processes. — 2007. — Т. 13 (29), № 4. — С. 82–97. — Бібліогр.: 3 назв.— англ.
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last_indexed 2025-12-07T20:44:43Z
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