On the expectation of total discounted operating costs up to default and its applications
نویسندگان
چکیده
منابع مشابه
On the Expectation of Total Discounted Operating Costs up to Default and Its Applications
In this paper we first consider the expectation of the total discounted claim costs up to the time of ruin, and then, more generally, we study the expectation of the total discounted operating costs up to the time of default, which is the first passage time of a surplus process downcrossing a given level. These two quantities include the expected discounted penalty function at ruin or the Gerbe...
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ژورنال
عنوان ژورنال: Advances in Applied Probability
سال: 2009
ISSN: 0001-8678,1475-6064
DOI: 10.1017/s0001867800003396