Exact non-ruin probabilities in arithmetic case

Using the Wiener-Hopf method, for the model with arithmetic distributions of waiting times Ti and claims Zi in ordinary renewal process, an exact non-ruin probabilities for an insurance company in terms of the factorization of the symbol of the discrete Feller-Lundberg equation, are obtained. The de...

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Date:2008
Main Author: Chernecky, V.
Format: Article
Language:English
Published: Інститут математики НАН України 2008
Online Access:https://nasplib.isofts.kiev.ua/handle/123456789/4567
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Journal Title:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Cite this:Exact non-ruin probabilities in arithmetic case / V. Chernecky // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 3-4. — С. 39-52. — Бібліогр.: 6 назв.— англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
id nasplib_isofts_kiev_ua-123456789-4567
record_format dspace
spelling Chernecky, V.
2009-12-07T15:33:34Z
2009-12-07T15:33:34Z
2008
Exact non-ruin probabilities in arithmetic case / V. Chernecky // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 3-4. — С. 39-52. — Бібліогр.: 6 назв.— англ.
0321-3900
https://nasplib.isofts.kiev.ua/handle/123456789/4567
Using the Wiener-Hopf method, for the model with arithmetic distributions of waiting times Ti and claims Zi in ordinary renewal process, an exact non-ruin probabilities for an insurance company in terms of the factorization of the symbol of the discrete Feller-Lundberg equation, are obtained. The delayed stationary process is introduced and generating function for delay is given. It is proved that the stationary renewal process in arithmetic case is ordinary if and only if, when the inter-arrival times have the shifted geometrical distribution. A formula for exact non-ruin probabilities in delayed stationary process is obtained. Illustrative examples when the distributions of Ti and Zi are shifted geometrical or negative binomial with positive integer power are considered. In these cases the symbol of the equation is rational functions what allows us to obtain the factorization in explicit form.
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Інститут математики НАН України
Exact non-ruin probabilities in arithmetic case
Article
published earlier
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
collection DSpace DC
title Exact non-ruin probabilities in arithmetic case
spellingShingle Exact non-ruin probabilities in arithmetic case
Chernecky, V.
title_short Exact non-ruin probabilities in arithmetic case
title_full Exact non-ruin probabilities in arithmetic case
title_fullStr Exact non-ruin probabilities in arithmetic case
title_full_unstemmed Exact non-ruin probabilities in arithmetic case
title_sort exact non-ruin probabilities in arithmetic case
author Chernecky, V.
author_facet Chernecky, V.
publishDate 2008
language English
publisher Інститут математики НАН України
format Article
description Using the Wiener-Hopf method, for the model with arithmetic distributions of waiting times Ti and claims Zi in ordinary renewal process, an exact non-ruin probabilities for an insurance company in terms of the factorization of the symbol of the discrete Feller-Lundberg equation, are obtained. The delayed stationary process is introduced and generating function for delay is given. It is proved that the stationary renewal process in arithmetic case is ordinary if and only if, when the inter-arrival times have the shifted geometrical distribution. A formula for exact non-ruin probabilities in delayed stationary process is obtained. Illustrative examples when the distributions of Ti and Zi are shifted geometrical or negative binomial with positive integer power are considered. In these cases the symbol of the equation is rational functions what allows us to obtain the factorization in explicit form.
issn 0321-3900
url https://nasplib.isofts.kiev.ua/handle/123456789/4567
citation_txt Exact non-ruin probabilities in arithmetic case / V. Chernecky // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 3-4. — С. 39-52. — Бібліогр.: 6 назв.— англ.
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first_indexed 2025-12-07T19:31:39Z
last_indexed 2025-12-07T19:31:39Z
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