• Title of article

    Practical approximations for multivariate characteristics of risk processes

  • Author/Authors

    Usلbel، نويسنده , , M.A.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1999
  • Pages
    17
  • From page
    397
  • To page
    413
  • Abstract
    The applicability aspects of power series expansions with respect to the arrival intensity, based on recursive algorithms, when approximating multivariate finite time ruin probabilities will be substantially enhanced using double Laplace transforms. l also prove that power series methodology may be considered as an outstanding complement to diffusion approximations when the time horizon considered is not large.
  • Keywords
    Recursive procedures , Double Laplace transforms , Finite time multivariate ruin probability , Multiple integrals , Power series expansions
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    1999
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542278