Optimal Risk Transfer: A Numerical Optimization Approach
نویسندگان
چکیده
منابع مشابه
Optimization of Heat Transfer Enhancement of a Domestic Gas Burner Based on Pareto Genetic Algorithm: Experimental and Numerical Approach
The present study attempts to improve heat transfer efficiency of a domestic gas burner by enhancing heat transfer from flue gases. Heat transfer can be augmented using the obstacles that are inserted into the flow field near the heated wall of the domestic gas burner. First, to achive the maximum efficiency, the insert geometry is optimized by the multi-objective genetic algorithm so that heat...
متن کاملa benchmarking approach to optimal asset allocation for insurers and pension funds
uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...
15 صفحه اولImproving the natural convective heat transfer of a rectangular heatsink using superhydrophobic walls: A numerical approach
The effect of utilizing superhydrophobic walls on improving the convective heat transfer in a rectangular heatsink has been studied numerically in this paper. The vertical walls were kept at isothermal hot-and-cold temperatures and horizontal walls were insulated. The boundary condition on the walls was: no-slip for regular, and slip (with slip length of 500 µm) for superhydrophobic walls. By c...
متن کاملNumerical solutions of optimal risk control and dividend optimization policies under a generalized singular control formulation
This paper develops numerical methods for finding optimal dividend pay-out and reinsurance policies. A generalized singular control formulation of surplus and discounted payoff function is introduced, where the surplus is modeled by a regime-switching process subject to both regular and singular controls. To approximate the value function and optimal controls, Markov chain approximation techniq...
متن کاملA numerical approach for optimal control model of the convex semi-infinite programming
In this paper, convex semi-infinite programming is converted to an optimal control model of neural networks and the optimal control model is solved by iterative dynamic programming method. In final, numerical examples are provided for illustration of the purposed method.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: North American Actuarial Journal
سال: 2018
ISSN: 1092-0277,2325-0453
DOI: 10.1080/10920277.2017.1421472