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A Fourier-Cosine Method for Finite-Time Ruin Probabilities

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In this paper, we study the finite-time ruin probability in the risk model driven by a L´evy subordinator, by incorporating the popular Fourier-cosine method. Our interest is to propose a general approximation for any specified precision provided that the characteristic function of the L´evy...

Persistent link: https://www.econbiz.de/10013230750

A Fourier-cosine method for finite-time ruin probabilities

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