Results 21 to 30 of about 65,049 (289)

Minimizing the Probability of Ruin in Retirement [PDF]

SSRN Electronic Journal, 2014
Retirees who exhaust their savings while still alive are said to experience financial ruin. These savings are typically grown during the accumulation phase then spent during the retirement decumulation phase. Extensive research into invest-and-harvest decumulation strategies has been conducted, but recommendations differ markedly.
openaire   +2 more sources

Numerical Ruin Probability in the Dual Risk Model with Risk-Free Investments

Risks, 2018
In this paper, a dual risk model under constant force of interest is considered. The ruin probability in this model is shown to satisfy an integro-differential equation, which can then be written as an integral equation. Using the collocation method, the
Sooie-Hoe Loke, Enrique Thomann
doaj   +1 more source

Optimization method of ballistic blast fragmentation warhead striking aircraft in aircraft shelter

Xibei Gongye Daxue Xuebao, 2023
For evaluating the economy and feasibility about blast fragmentation warhead striking aircraft in aircraft shelter, taking a typical aircraft and single/double aircraft shelter as study objects, based on the thought of simple/quadratic surface fitting ...
YANG Jie, ZHAN Jun, CHEN Zhixiang, LIU Xianyi, ZHOU Zhiqing, LI Zhi   +5 more
doaj   +1 more source

On the time spent in the red by a refracted L\'evy risk process [PDF]

, 2013
In this paper, we introduce an insurance ruin model with adaptive premium rate, thereafter refered to as restructuring/refraction, in which classical ruin and bankruptcy are distinguished.
Renaud, Jean-François
core   +2 more sources

Gambler’s ruin probability—A general formula [PDF]

Statistics & Probability Letters, 2013
11 ...
openaire   +3 more sources

Applications of a change of measures technique for compound mixed renewal processes to the ruin problem

Modern Stochastics: Theory and Applications, 2021
In the present paper the change of measures technique for compound mixed renewal processes, developed in Tzaninis and Macheras [ArXiv:2007.05289 (2020) 1–25], is applied to the ruin problem in order to obtain an explicit formula for the probability of ...
Spyridon M. Tzaninis
doaj   +1 more source

Sophisticated gamblers ruin and survival chances [PDF]

, 2013
This note explores the mathematical theory to solve modern gamblers ruin problems. We establish a ruin framework and solve for the probability of bankruptcy.
Mehta, Salil
core   +2 more sources

The probability of non-ruin of an insurance company with advertising expenses and investing in bank term deposit by MHull insurance of 10 Top insurance companies of Ukraine.

Науковий вісник Ужгородського університету. Серія: Математика і інформатика, 2018
The result presented in this paper is the second part of the paper {BoldyrevaZhmykhova2016}, where was constructed an equation which allows calculating the probability of non-ruin for the classical model of risk when an insurance company has promotional ...
В. О. Болдирєва, Т. В. Жмихова   +1 more
doaj   +1 more source

The Speed of Convergence of the Threshold Estimator of Ruin Probability under the Tempered α-Stable Lévy Subordinator

Mathematics, 2021
In this paper, a nonparametric estimator of ruin probability is introduced in a spectrally negative Lévy process where the jump component is a tempered α-stable subordinator.
Yuan Gao, Honglong You
doaj   +1 more source

On the accuracy of phase-type approximations of heavy-tailed risk models [PDF]

, 2012
Numerical evaluation of ruin probabilities in the classical risk model is an important problem. If claim sizes are heavy-tailed, then such evaluations are challenging.
Adan, Ivo J. B. F., Vatamidou, Eleni, Vlasiou, Maria, Zwart, Bert   +3 more
core   +7 more sources