On a Discrete-Time Risk Model with Random Income and a Constant Dividend Barrier
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In this paper, a discrete-time risk model with random income and a constant dividend barrier is considered. Under such a dividend policy, once the insurer’s reserve hits the level b b > 0 , the excess of the reserve over b is paid off as dividends. We derive a homogeneous difference equation for the expected present value of dividend payments. Corresponding solution procedures for the difference equation are invested. Finally, we give a numerical example to illustrate the applicability of the results obtained.
2007 ◽
Vol 44
(2)
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pp. 420-427
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2021 ◽
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2013 ◽
Vol 8
(1)
◽
pp. 63-78
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Keyword(s):
2007 ◽
Vol 44
(02)
◽
pp. 420-427
◽
Keyword(s):
2007 ◽
Vol 44
(02)
◽
pp. 420-427
◽
Keyword(s):