Probability of ruin in discrete insurance risk model with dependent Pareto claims
Date
2019Type
ArticleAbstract
We present basic properties and discuss potential insurance applications of a new class of probability distributions on positive integers with power law tails. The distributions in this class are zeroinflated discrete counterparts of the Pareto distribution. In particular, we obtain the probability of ruin in the compound binomial risk model where the claims are zeroinflated discrete Pareto distributed and correlated by mixture.
Permanent link
http://hdl.handle.net/11714/6258Additional Information
Journal Title  Dependence Modeling 

Rights  Creative Commons Attribution 4.0 International 
Rights Holder  Authors 
Collections
Metadata
Show full item record
Except where otherwise noted, this item's license is described as Creative Commons Attribution 4.0 International
Related items
Showing items related by title, author, creator and subject.

.
.
.
Asymptotic Distribution of the Estimated Cumulative Distribution Function of the Bivariate Distribution with Truncated Logistic and Geometric Marginals
Tan, Heidi (2012)Let X<sub>1</sub>,X<sub>2</sub>, . . . be i.i.d. exp(&beta) and N geo(p) independent of X<sub>i<sub>'s. We are interestedin the bivariate distribution of (X,N) where X = max X<sub>i</sub> and N. The distribution of (X,N) ... 
.
.
.
Asymptotic Distributions of the Estimated survival functions of the Exponential, Geometric and BEG Distributions
Shrestha, Shakil Kumar (2011)In this work, we derive the limiting normal distributions of the maximum likelihood estimators of the survival functions for the exponential, geometric and (bivariate) BEG distributions. We discuss the monotonicity of the ... 
.
.
.
Analyzing Defined Benefit Pensions: How Do Various Distribution Methods Affect an Individual’s Financial Independence?
Yocom, Alyssa (2017)Nearly one third of the U.S. population is between ages 50 and 79 meaning that they are nearing or currently in the early years of retirement. Individuals tend to seek financial planning advice as they plan for retirement. ...