The number of people residing in private rentals, particularly in megacities, has been steadily increasing worldwide. However, a number of studies have revealed that a significant proportion of tenants endure unsatisfactory housing experiences attributed to their landlords. Drawing upon the...

Applying excursion theory, we re-express several well studied fluctuation quantities associated to Parisian ruin problem for L´evy risk processes in terms of integrals with respect to excursion measure for spectrally negative L´evy process. We show that these new expressions reconcile with the...