Losidis, Sotirios; Dermitzakis, Vaios - In: Risks : open access journal 12 (2024) 2, pp. 1-15
We obtain the upper and lower bounds for the ruin probability in the Sparre-Andersen model. These bounds are established under various conditions: when the adjustment coefficient exists, when it does not exist, and when the interarrival distribution belongs to certain aging classes....