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An integral representation is derived for the sum of all claims over a finite interval when the claim value depends upon its incurral time. These time dependent claims, which generalize the usual compound model for aggregate claims, have insurance applications involving models for inflation and...
Persistent link: https://www.econbiz.de/10011046615
Recent research into the nature of the distribution of the time of ruin in some Sparre Andersen risk models has resulted in series expansions for the associated density function. Examples include Dickson and Willmot (2005) in the classical Poisson model with exponential interclaim times, and...
Persistent link: https://www.econbiz.de/10010576729
The structure of various Gerber-Shiu functions in Sparre Andersen models allowing for possible dependence between claim sizes and interclaim times is examined. The penalty function is assumed to depend on some or all of the surplus immediately prior to ruin, the deficit at ruin, the minimum...
Persistent link: https://www.econbiz.de/10008507377
In this paper, we consider an extension of the classical risk model in which the premium rate policy is adaptive to claim experience. We assume that the premium rate is reviewed each time the surplus reaches a new descending ladder height. A choice between a finite number m of rates is then made...
Persistent link: https://www.econbiz.de/10010594515
Vegetation plays an important role in atmospheric, hydrologic and biochemical cycles and is an important indicator of the impact of climate and human factors on the environment. In this paper, a method, which combines the empirical orthogonal function (EOF) and temporal unmixing analysis (TUA)...
Persistent link: https://www.econbiz.de/10011196465
Using a large administrative dataset from a statewide system including 34 community and technical colleges, the authors employed an instrumental variable technique to estimate the impact of online versus face-to-face course delivery on student course performance. The travel distance between each...
Persistent link: https://www.econbiz.de/10011049033
With globalization, especially after China's entry into the WTO, an increasing number of Chinese firms have experienced social responsibility barriers such that they lose international orders due to failure in meeting the requirements of environment, human rights or safety standard. This study...
Persistent link: https://www.econbiz.de/10010594384
Basin irrigation experiments were performed using conventional fertilization and fertigation methods under different inflow rate during the reviving irrigation of winter wheat. The spatial–temporal distribution of nitrogen in the basin surface water flow and soil with different fertilization...
Persistent link: https://www.econbiz.de/10010678961
The clogging of drippers caused by crop root intrusion has been a great concern of subsurface drip irrigation (SDI) systems. To attempt to solve the problem of root clogging of drippers, a series of field experiments were conducted in the growing seasons of 2006-2008. The goal was to investigate...
Persistent link: https://www.econbiz.de/10008462531
Persistent link: https://www.econbiz.de/10005380604