Does Markov-Modulation Increase the Risk?
نویسندگان
چکیده
منابع مشابه
Does Markov-modulation Increase the Risk?
In this paper we compare ruin functions for two risk processes with respect to stochastic ordering, stop-loss ordering and ordering of adjustment coeecients. The risk processes are as follows: in the Markov-modulated environment and the associated averaged compound Poisson model. In the latter case the arrival rate is obtained by averaging over time the arrival rate in the Markov modulated mode...
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ژورنال
عنوان ژورنال: ASTIN Bulletin
سال: 1995
ISSN: 0515-0361,1783-1350
DOI: 10.2143/ast.25.1.563253