An alternative formulation of ruin problem Cover Image

O pewnym sformułowaniu zagadnienia ruiny
An alternative formulation of ruin problem

Author(s): Tadeusz Czernik
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: ruin theory; Poisson process; generalized functions

Summary/Abstract: All kinds of human activity is accompanied by the risk, but the insurance business stands out from the rest of the fact that its subject is a risk itself. The paper presents an alternative formulation of the ruin problem. This approach does not require an advanced stochastic analysis, but the intensive use of the theory of generalized functions.

  • Issue Year: 2011
  • Issue No: 228
  • Page Range: 94-105
  • Page Count: 12
  • Language: Polish