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Persistent link: https://www.econbiz.de/10011457158
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...
Persistent link: https://www.econbiz.de/10010597162