On a Dual Model with Barrier Strategy

We consider the dual of the generalized Erlang(n) risk model with a barrier dividend strategy. We derive integro-differential equations with boundary conditions satisfied by the expectation of the sum of discounted dividends until ruin and the moment-generating function of the discounted dividend pa...

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Main Authors: Yuzhen Wen, Chuancun Yin
Format: Article
Language:English
Published: Wiley 2012-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2012/343794
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author Yuzhen Wen
Chuancun Yin
author_facet Yuzhen Wen
Chuancun Yin
author_sort Yuzhen Wen
collection DOAJ
description We consider the dual of the generalized Erlang(n) risk model with a barrier dividend strategy. We derive integro-differential equations with boundary conditions satisfied by the expectation of the sum of discounted dividends until ruin and the moment-generating function of the discounted dividend payments until ruin, respectively. The results are illustrated by several examples.
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publishDate 2012-01-01
publisher Wiley
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series Journal of Applied Mathematics
spelling doaj-art-60a8a6bb9bbd4dcb87a839ba081f07e22025-08-20T02:35:18ZengWileyJournal of Applied Mathematics1110-757X1687-00422012-01-01201210.1155/2012/343794343794On a Dual Model with Barrier StrategyYuzhen Wen0Chuancun Yin1School of Mathematical Sciences, Qufu Normal University, Qufu, Shandong 273165, ChinaSchool of Mathematical Sciences, Qufu Normal University, Qufu, Shandong 273165, ChinaWe consider the dual of the generalized Erlang(n) risk model with a barrier dividend strategy. We derive integro-differential equations with boundary conditions satisfied by the expectation of the sum of discounted dividends until ruin and the moment-generating function of the discounted dividend payments until ruin, respectively. The results are illustrated by several examples.http://dx.doi.org/10.1155/2012/343794
spellingShingle Yuzhen Wen
Chuancun Yin
On a Dual Model with Barrier Strategy
Journal of Applied Mathematics
title On a Dual Model with Barrier Strategy
title_full On a Dual Model with Barrier Strategy
title_fullStr On a Dual Model with Barrier Strategy
title_full_unstemmed On a Dual Model with Barrier Strategy
title_short On a Dual Model with Barrier Strategy
title_sort on a dual model with barrier strategy
url http://dx.doi.org/10.1155/2012/343794
work_keys_str_mv AT yuzhenwen onadualmodelwithbarrierstrategy
AT chuancunyin onadualmodelwithbarrierstrategy