Title :
Inequality for mean chance of ultimate ruin in risk model with random fuzzy theory
Author :
Huang, Tao ; Diao, Jinghua ; Wei, Zhuobin
Author_Institution :
Naval Univ. of Eng., Tianjin, China
Abstract :
In this paper, the ruin problem in random fuzzy environments is to be researched. The ruin risk model in random fuzzy environments is established when the interarrival time of claim and the amount of claim are characterized as random fuzzy variables. The definition of adjustment coefficient in random fuzzy risk model is given. Finally, the inequality for mean chance of ultimate ruin in random fuzzy risk model is researched.
Keywords :
fuzzy set theory; insurance; risk analysis; mean chance inequality; random fuzzy risk model; random fuzzy theory; ruin risk model; ultimate ruin; Companies; Equations; Insurance; Mathematical model; Random variables; Stochastic processes; Uncertainty; Adjustment coefficient; Inequality; Random fuzzy variable; Risk model; Ruin;
Conference_Titel :
Emergency Management and Management Sciences (ICEMMS), 2011 2nd IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-9665-5
DOI :
10.1109/ICEMMS.2011.6015749
