Deng, Chao; Zhou, Jieming; Deng, Yingchun - In: Statistics & Probability Letters 82 (2012) 9, pp. 1648-1656
A class of delayed renewal risk processes with multi-layer dividend strategy is addressed here. Under the assumption that the premium rate is a step function depending on the current surplus level, a piecewise integro-differential equation for the Gerber–Shiu discounted penalty function in the...