Lundberg Approximations for Compound Distributions with Insurance Applications

by X. Sheldon Lin and Gordon E. Willmot

These notes represent our summary of much of the recent research that has been done in recent years on approximations and bounds that have been developed for compound distributions and related quantities which are of interest in insurance and other areas of application in applied probability. The basic technique employed in the derivation of many bounds is induc- tive, an approach that is motivated by arguments used by Sparre-Andersen (1957) in connection...

• Format: Paperback
• Language: English
• ISBN: 0387951350
• ISBN13: 9780387951355
• Release Date: January 2000
• Publisher: Springer
• Length: 250 Pages
• Weight: 0.82 lbs.
• Dimensions: 0.6" x 6.1" x 9.2"