Discrete time alternating renewal process is a very simple tool that permits solving many real life problems. This paper, after the presentation of this tool, introduces the compound environment in the alternating process giving a systematization to this important tool. The claim costs for a temporary disability insurance contract are presented. The algorithm and an example of application are also provided.
"Homogeneous discrete time alternating compound renewal process: a disability insurance application"
Gismondi F;
2015-01-01
Abstract
Discrete time alternating renewal process is a very simple tool that permits solving many real life problems. This paper, after the presentation of this tool, introduces the compound environment in the alternating process giving a systematization to this important tool. The claim costs for a temporary disability insurance contract are presented. The algorithm and an example of application are also provided.File in questo prodotto:
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Homogeneous_Discrete_Time_Alternating_Compound_Ren.pdf
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