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Probability and Severity of Ruin Analysis by calvinbitmaina is a document available to read on EtoBox.
This paper presents closed-form expressions for the probability and severity of ruin when claim sizes follow a generalized Lindley distribution, which generalizes both exponential and Lindley distributions. It also provides an upper bound for the probability of ruin using Lundberg
- Author
- calvinbitmaina
- Language
- EN